Hurricane Damages Kroger Q3

Industry analysts were generally upbeat last week about the long-range prospects for Kroger Co., despite a drop in third-quarter earnings resulting primarily from the impact of Hurricane Ike. Net income for the quarter fell 6.3% to $237.7 million, including an after-tax charge of $15.9 million, or 3 cents a share, related to the chain's $25 million deductible for disruption and damage

CINCINNATI — Industry analysts were generally upbeat last week about the long-range prospects for Kroger Co. here, despite a drop in third-quarter earnings resulting primarily from the impact of Hurricane Ike.

Net income for the quarter fell 6.3% to $237.7 million, including an after-tax charge of $15.9 million, or 3 cents a share, related to the chain's $25 million deductible for disruption and damage caused by Hurricane Ike in September, which affected stores from Texas throu

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