Kroger Posts Q2 Gains; Outlook Positive

Kroger Co. yesterday said its same-store sales for the second quarter were up 4.7%, excluding gasoline, and were trending above 5% for the first three weeks of the third quarter, which began Aug. 17.

CINCINNATI — Kroger Co. here yesterday said its same-store sales for the second quarter were up 4.7%, excluding gasoline, and were trending above 5% for the first three weeks of the third quarter, which began Aug. 17. Despite the highest inflation on grocery products in 20 years, Kroger said for the most part it has been able to pass along its cost increases to consumers in the form of higher retail prices. In a conference call with analysts, David Dillon, chairman and chief executive officer

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