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Kroger's 1Q 2015 Performance Tops Analysts' Predictions

June 18, 2015: 12:00 AM EST
Retailer Kroger Co. said its net earnings reached $619 million, or $1.25 per diluted share, in the first quarter of fiscal year 2015. Same-store sales grew 5.7 percent during the period, with fuel sales excluded. Total sales rose 0.3 percent to $33.1 billion, compared with $33.0 billion from last year. With fuel sales excluded, total sales for the period grew 6.4 percent from the previous year. For the quarter, Kroger recorded a LIFO charge of $28 million.
"Kroger Reports Strong First Quarter Results", Kroger, June 18, 2015, © The Kroger Co.
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