Kroger Boosts Sales, Profit Expectations

CINCINNATI — Kroger Co. here boosted its year-end sales and earnings guidance Thursday, citing solid trends in the third fiscal quarter — although executives said they expect consumers to remain cautious.

The company is projecting identical-store sales excluding fuel to grow between 4.5% and 5%, compared with previous guidance of 4% to 5%, and earnings to hit $1.95 to $2 per share, compared with a previous range of $1.85 to $1.95.

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