CINCINNATI — Kroger Co. here on Monday said it expects its tax expense for this year to be $1.5 million to $2 million higher than a year ago because it can no longer deduct expenses for providing certain prescription drug coverage for its retirees. The change, a result of the Patient Protection and Affordable Care Act signed into law on March 23, will be reflected primarily in the company's first quarter, the company said in a filing with the Securities and Exchange Commission. Most of ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.