CINCINNATI -- For the third consecutive quarter, Kroger Co. here has surprised Wall Street with better-than-expected financial results. Kroger, the nation's largest supermarket operator, last week said its operating earnings more than doubled to $70 million, or 57 cents per share, in the second quarter ended June 18. Operating earnings totaled $29.6 million, or 27 cents per share, in the year-ago period. Sales increased 1.2% to $5.39 billion, and same-store sales increased at a 1.8% rate, ...
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 complimentary access to the SN salary survey data tables.
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.