Shelly Banjo, Columnist

Dear Kroger Investors, Relax

The grocer is still priced cheaply and growing consistently.

March 3, 2016 at 5:39 PM UTC

Shelly Banjo leads the global business team for Bloomberg News in New York. A former New York bureau chief and senior tech writer, she’s covered business, finance and economics for two decades.

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Don't put Kroger on the shelf just yet.

Shares of America's largest supermarket chain got slammed Thursday, dropping by as much as 9 percent, after it predicted slower growth this year and its fourth-quarter revenue fell short of Wall Street expectations.