CINCINNATI -- Kroger Co. reported record sales and strong earnings for the third quarter ended Oct. 8. on. Adjusting last year's third-quarter results to reflect the sale of 13 Kroger units in San Antonio to Mesa, Ariz.-based Megafoods Stores, sales from supermarkets for the quarter rose 5.6%, compared with 3.2% a year ago, the company noted. Same-store sales increased 2.3% for both the quarter and the year to date. Net income for the quarter rose 120% to $36 million following an ...
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.