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Company News for June 16, 2017

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•    Shares of Kroger Co (KR - Free Report) tanked 18.9% after the company projected fiscal 2017 earnings in the range of $2.00 to $2.05 per share, down from the earlier forecast of $2.21to $2.25

•    Nike Inc’s (NKE - Free Report) shares declined 3.2% after the company decided to cut about 1,400 workers globally as part of  corporate restructuring

•    Shares of Castle Brands Inc (ROX - Free Report) advanced 8.2% after reporting fiscal fourth quarter revenues of $22.6 million, surpassing the Zacks Consensus Estimate of $21 million
•    Lakeland Industries, Inc.’s (LAKE - Free Report) shares gained 8.9% after posting fiscal first-quarter 2018 earnings of $0.23, beating the Zacks Consensus Estimate of $0.14

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Castle Brands, Inc. (ROX) - free report >>

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NIKE, Inc. (NKE) - free report >>