Kroger Reports Strong First Quarter Results

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Kroger (KR) Tops Q1 EPS by 3c; Comps Rose 5.7%

June 18, 2015 8:18 AM EDT

Kroger (NYSE: KR) reported Q1 EPS of $1.25, $0.03 better than the analyst estimate of $1.22. Revenue for the quarter came in at $33.1 billion versus the consensus estimate of $33.42 billion.

Comps rose 5.7%.

Financial Strategy

Kroger's long-term financial strategy continues to be to use cash flow from operations to repurchase shares, fund its dividend, increase capital... More