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Kroger
State of U.S. Same Store Sales - November 2008 Data Update
RetailerDaily has compiled comparable store sale data from the SEC filings of ten major U.S. retailers spanning 2007 and 2008 up to the most recently released November numbers. The data excludes fuel sales (which would have distorted numbers because of high gas inflation in 2008) and is available in Excel format from the link below:
Among the highlights this year, Wal-Mart shows more...
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Kroger Reports Strong Q3 Sales, Safeway Adjusts to Weak Economy
Kroger’s Q3 net income was down slightly from last year ($237.7 million, $0.36/share), when it was $253.8 million ($.037 cents/share). Adjusted for a $25 million deductible payment related to Hurricane Ike, however, earnings were $0.39 per share, writes MarketWatch.
Total sales at Kroger, which also operates the Littman and Barclay jewelry chains, rose 9% to $17.58 billion from $16.14 billion a...
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Kroger Reports Healthy Second Quarter
The slowing economy has had a positive effect on at least one type of retailer - traditional grocery stores.
Specifically, Kroger reported that as more consumers eat at home and try private-label (store brand) products, its total sales spiked 11.9% to $18.1 billion in the quarter ended Aug. 16.
Identical supermarket sales went up 9.7% with fuel and 4.7% without fuel compared with the same...
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Kroger Reports Record Earnings per Share in Q1
Gas, pharmacy and food discounts at Kroger gave a healthy 11.5% boost to sales during the quarter ended on May 24, reaching $23.1 billion in all, the company announced.
Net earnings totaled $386 million ($0.58 per diluted share), up from $336.6 million ($0.47) in Q1 ‘07. Identical supermarket sales (at stores open at least five quarters) increased 9.2% with fuel and 5.8% without fuel.
The rise...
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