Kroger Q4, outlook beat expectations

Kroger Q4, outlook beat expectations

Kroger Co. on Thursday reported fourth-quarter sales and earnings that were better than analysts had expected, and forecast more robust growth in its new fiscal year.

The retailer said improved fuel margins in the quarter contributed to earnings, while non-fuel comparable store sales increased by 6%, reflecting increased consumer confidence and willingness to spend discrentionary income provided by lower gas prices. The Cin

Register to view the full article

TAGS: Kroger
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish