Kroger (KR) Reports Mixed Q1 Results; Comps Up 3.1%, Ex-Fuel; Reaffirms Forecast

June 23, 2009 8:47 AM EDT
Kroger Co. (NYSE: KR) reports Q1 EPS of $0.66, 5 cents better than the analyst estimate of $0.61. Revenue for the quarter was $22.8 billion, versus the consensus of $23.28 billion.

Same store sales rose 3.1%, ex-fuel.

Reaffirms forecast.

UPDATE: Click here to see a summary of some highlights from Kroger's Q1 conference call.

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Earnings, Guidance, Retail Sales