CINCINNATI -- Kroger Co. here took an extraordinary charge of $3.03 million in the second quarter of 1997 from the early retirement of debt. Excluding that charge, however, the company said earnings rose 38% to a record $108.1 million, or 41 cents per share, compared with $78.4 million, or 30 cents per share, in the year-ago quarter. Second-quarter 1996 also had an extraordinary charge, $765,601, from early debt retirement. e sales, adjusted for the King Soopers strike, declined 0.1%. This ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
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 a complimentary copy of SN's salary survey sent to you by email.
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.