Price Image Boosts Q1 At Kroger

Kroger Co. last week said it expects results for the year to beat its prior projections after posting a strong first quarter giving it momentum analysts said should enable the company to maintain its position of strength through the economic downturn and beyond. Kroger is better positioned than at any time [in years] to generate decent earnings growth in the face of an economic downturn,

CINCINNATI — Kroger Co. here last week said it expects results for the year to beat its prior projections after posting a strong first quarter — giving it momentum analysts said should enable the company to maintain its position of strength through the economic downturn and beyond.

“Kroger is better positioned than at any time [in years] to generate decent earnings growth in the face of an economic downturn,” said Andrew Wolf, an analyst with BB&T Capital Markets, Richmond,

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