Kroger Co. (KR) Tops Q2 EPS by 3c; Raises FY11 Comp Sales Growth Guidance

September 9, 2011 8:46 AM EDT
Kroger Co. (NYSE: KR) reported Q2 EPS of $0.46, $0.03 better than the analyst estimate of $0.43. Revenue for the quarter came in at $20.9 billion versus the consensus estimate of $20.48 billion.

Affirms FY11 EPS guidance of $1.85-$1.95. Raises its FY11 same-store sales growth guidance, excluding fuel, from 3.5-4.5% to 4-5%.

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