KROGER: INITIATIVES WILL SHOW RESULTS IN FIRST QUARTER

CINCINNATI -- Kroger Co. here said last week the strategic initiatives the company launched in mid-December will produce visible results in the first quarter.In a conference call with industry analysts following the release of the company's results for the fourth quarter and year ended Feb. 2, Joseph A. Pichler, chairman and chief executive officer, said Kroger would have a "modest increase" in same-store

CINCINNATI -- Kroger Co. here said last week the strategic initiatives the company launched in mid-December will produce visible results in the first quarter.

In a conference call with industry analysts following the release of the company's results for the fourth quarter and year ended Feb. 2, Joseph A. Pichler, chairman and chief executive officer, said Kroger would have a "modest increase" in same-store sales in the first quarter compared with third-quarter 2001.

He added

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