Kroger Lifts Outlook as Quarterly Sales Edge Higher
The supermarket chain expects identical sales without fuel to grow between 2.7% and 3.4% this year
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Kroger raised its full-year outlook on improving grocery volumes, despite logging mixed results in its latest quarter.
The Cincinnati supermarket chain said Thursday it now expects identical sales without fuel to grow between 2.7% and 3.4% this year, compared with a prior view of rising 2.25% to 3.25%. It raised the floor of its earnings outlook to $4.70 a share from $4.60 a share, while maintaining the ceiling at $4.80 a share...
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