Kroger sales beat estimates in 'spectacular' 3Q

Kroger sales beat estimates in 'spectacular' 3Q

Kroger on Thursday said identical-store sales in the fiscal third quarter exceeded the company’s expectations behind increases in both the volume of shoppers and trip frequency.

Deli, produce and natural and organics showed particular strength in the quarter, officials added, contributing to a 5.4% increase in identical store sales excluding fuel in the quarter, which ended Nov. 7. Overall sales increased by 0.4% to $25.1

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