Kroger profit grows, repeats earnings view
Kroger Co
Kroger's net income was $280.8 million, or 46 cents per share, for the second quarter, ended August 13, up from $261.6 million, or 41 cents per share, a year earlier.
Excluding certain tax adjustments, earnings for the quarter would have been 41 cents per share.
Cincinnati-based Kroger increased its full-year growth forecast for closely watched identical supermarket sales on healthy second-quarter results, but repeated its call for full-year earnings at the top end of the range of $1.85 per share to $1.95 per share.
(Reporting by Lisa Baertlein, editing by Dave Zimmerman)
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