Kroger has Big Quarter; 30 Percent Jump in Profit Reported by Grocery Chain
The Columbian › December 13, 2005
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Summary
CINCINNATI -- Kroger Co., waging a customer-by-customer fight in a competitive marketplace, on Tuesday reported a 30 percent jump in third-quarter profit and its best results at stores opened at least a year since 1999.
Kroger earned $185.4 million, or 25 cents per share, in the quarter ended Nov. 5, compared with earnings of $142.7 million, or 19 cents, a year ago. The per-share results matched analysts' estimates, according to Thomson Financial.See the full content of this document
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Kroger has Big Quarter; 30 Percent Jump in Profit Reported by Grocery Chain
Kroger shares fell 71 cents, or 3.5 percent, to close at $19.52 in trading on the New York Stock...
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