Kroger Company (NYSE:KR) reported second-quarter adjusted earnings per share of 93 cents, beating the analyst consensus estimate of 91 cents.
Quarterly sales of $33.912 billion (nearly flat year over year) missed the street view of $34.090 billion. Excluding fuel, sales increased 1.3% compared to the same period last year.
Kroger’s results show a 1.2% increase in identical sales excluding fuel, an operating profit of $815 million, and an adjusted FIFO operating profit of $984 million.
“We are growing households and increasing customer visits by offering a compelling combination of affordable prices and personalized promotions on great quality products, all through ...
