CINCINNATI -- Kroger Co. here last week said it will restate earnings "by minor amounts" as a result of improper accounting practices at Ralphs Grocery Co., Compton, Calif., which Kroger acquired in May 1999 as part of its merger with Fred Meyer. The accounting discrepancies were discovered through an anonymous tip before an internal audit by Kroger, according to the company. The restated earnings total an increase of two cents per share in fiscal 1998, a decrease of two cents per share in ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.