Retail Industry
Industry: Email Alert RSS FeedKroger upgrades full-year FY05 earnings
DSN Retailing Today, July 11, 2005
CINCINNATI -- Kroger reported net earnings of $294.3 million, or 40 cents per diluted share, for the first quarter ended May 21, compared to $262.8 million, or 35 cents in the same quarter last year. It also raised its earnings estimate for FY05, saying it now expects earnings for the full year to exceed $1.24 per folly diluted share, an increase of 3 cents from guidance provided in March.
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