Summary
CINCINNATI (AP) Kroger Co.'s first-quarter earnings tumbled 25 percent, depressed largely by the impact of a 41/2-month California supermarket strike.
Kroger said Tuesday it earned $262.8 million, or 35 cents per share, for the three months ended May 22, down from $351.5 million, or 46 cents per share, a year ago. Analysts surveyed by Thomson First Call projected earnings of 34 cents per share.See the full content of this document
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Kroger Earnings Struck
Kroger said the southern California strike reduced its earnin...
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