Kroger (KR) Reports Inline Q3 EPS of 32c; Narrows FY10 EPS Outlook

December 2, 2010 8:48 AM EST
Kroger (NYSE: KR) reports Q3 EPS of $0.32, inline with the analyst estimate of $0.32. Revenue for the quarter was $18.7 billion, which compares to the estimate of $18.51 billion.

Comps were up 4.8%, or up 2.7% excluding fuel.

Narrows FY10 EPS guidance from $1.60-$1.80 to $1.65-$1.78. Also narrowed its annual same-store sales guidance, ex-fuel from 2-3% to 2.5-3%.

UPDATE: Click here to see some highlights from Kroger's Q3 conference call.


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