Gaining Market Share
The company also said it recorded its highest increase in tonnage sales in more than two years, which it said was an indication that it continued to gain market share. Total sales in the quarter, including fuel, increased 5.9% over year-ago levels, to $21.8 billion. Identical supermarket sales, excluding fuel, grew 3.2%. Kroger said the rate of product-cost inflation “continued to flatten” in the quarter, to about 1.4% excluding fuel. Inflation hit every department except ...
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