KROGER REPORTS PROFIT, VOLUME INCREASES DURING QUARTER, HALF

CINCINNATI -- Kroger Co. here took an extraordinary charge of $3.03 million in the second quarter of 1997 from the early retirement of debt. Excluding that charge, however, the company said earnings rose 38% to a record $108.1 million, or 41 cents per share, compared with $78.4 million, or 30 cents per share, in the year-ago quarter. Second-quarter 1996 also had an extraordinary charge, $765,601,

CINCINNATI -- Kroger Co. here took an extraordinary charge of $3.03 million in the second quarter of 1997 from the early retirement of debt. Excluding that charge, however, the company said earnings rose 38% to a record $108.1 million, or 41 cents per share, compared with $78.4 million, or 30 cents per share, in the year-ago quarter. Second-quarter 1996 also had an extraordinary charge, $765,601, from early debt retirement.

e sales, adjusted for the King Soopers strike, declined 0.1%.

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