Kroger's Margins Get Boost From Inflation

With inflation in core grocery at a level not seen in several years during the second quarter, and with more of the same anticipated in the third quarter, Kroger Co. said last week it will continue to pass through higher product costs to ease pressures on gross margins. In a conference call with analysts discussing its results for the second quarter, in which sales and profits surged,

CINCINNATI — With inflation in core grocery “at a level not seen in several years” during the second quarter, and with more of the same anticipated in the third quarter, Kroger Co. here said last week it will continue to pass through higher product costs to ease pressures on gross margins.

In a conference call with analysts discussing its results for the second quarter, in which sales and profits surged, the company said inflation was 2.6% during the period, compared with 2% du

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