Kroger (KR) Tops Q2 EPS by 2c; FY16 Outlook Trimmed

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Kroger Reports Second Quarter Results

September 9, 2016 7:51 AM EDT

CINCINNATI, Sept. 9, 2016 /PRNewswire/ -- 

Second Quarter 2016 Highlights

Loyal customer growth and core business remains strong while managing transition to a deflationary environment Now offering ClickList and ExpressLane online ordering services in almost 400 locations Providing greater stability of current and future pension benefits for more than 6,500 Kroger associates and retirees Lowering expected 2016 capital investments to increase financial flexibility

The Kroger Co. (NYSE: KR) today reported net earnings of $383 million, or $0.40 per diluted share, and... More