Kroger Reports Earnings of 41 Cents Per Share
The company affirmed its guidance for fiscal 2010. Kroger forecasts same-store supermarket sales, excluding fuel, to grow 2% to 3%. The company expects net earnings of $1.60 per share to $1.80 per share.
"As we move into the second half of the fiscal year, we are striving to achieve results in the top half of our earnings guidance range, even as the operating environment remains uncertain," Dillon said.