Kroger Sales, Earnings Up in Q2

CINCINNATI — Kroger Co. here on Tuesday posted better-than-expected financial results for its fiscal second quarter, as both sales and profits improved for the period and edged out ahead of analysts' projections.

CINCINNATI — Kroger Co. here on Tuesday posted better-than-expected financial results for its fiscal second quarter, as both sales and profits improved for the period and edged out ahead of analysts' projections.

Net income for the period totaled $261.6 million, up about 2.8% over year-ago levels. Identical-store sales excluding fuel rose 2.7%, and total sales at the company were up 6%, to $18.8 billion,

Register to view the full article