Kroger (KR) Tops Q4 EPS by 14c; Issues Confident FY15 EPS Outlook
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Kroger Reports Fourth Quarter and Full Year 2014 Results
March 5, 2015 8:40 AM ESTCINCINNATI, March 5, 2015 /PRNewswire/ --
Fiscal 2014 Highlights
Achieved 45th consecutive quarter of positive identical supermarket sales growth, excluding fuel Exceeded commitment to slightly expand FIFO operating margin, excluding fuel, on a rolling four quarters basis2 Achieved 10th consecutive year of market share growth Reduced operating expenses as a rate of sales for 10th consecutive year2 Improved return on invested capital and increased capital investment Achieved 2.00 2.20 net total debt to adjusted EBITDA ratio earlier than anticipated Created nearly 25,000 new jobs Continued successful integration with... More
