CINCINNATI— Kroger Co. on Thursday reported earnings of $347 million in its fiscal second quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. Kroger expects full-year earnings in the range of $3.22 to $3.28 per share.
Sept 11- Kroger Co, the biggest U.S. supermarket operator, reported a 9 percent rise in quarterly profit, helped by the acquisition of grocer Harris Teeter Supermarkets Inc.. Shares of Kroger, which owns the Ralphs, Smith's and Food 4 Less grocery chains and supplement seller Vitacost.com, rose 2.4 percent to $53.12 in premarket trading.
Sept 11- Food retailer Smart& Final Stores Inc said it expects its initial public offering to be priced between $12 and $14 per share, valuing the century-old company at nearly $1 billion. Smart& Final, which is backed by private equity firm Ares Management LP, runs 250 non-membership, small-box, warehouse-style stores in western United States.
Kroger rose$. 13 or. 3 percent, to $51.87. Safeway rose$. 03 or. 1 percent, to $34.57. Supervalu rose$. 19 or 2.0 percent, to $9.68.
The founder of Moms Demand Action for Gun Sense in America says they want corporations to take the lead on gun-violence prevention.
Kroger rose$. 07 or. 1 percent, to $51.81. Safeway rose$. 08 or. 2 percent, to $34.62. Supervalu rose$. 21 or 2.2 percent, to $9.70.
Kroger fell$. 32 or. 6 percent, to $51.42. Safeway fell$. 03 or. 1 percent, to $34.51. Supervalu fell$. 02 or. 2 percent, to $9.47.
NEW YORK, Sept 10- Kroger Co has been a strong performer in 2014, rising almost 31 percent year-to-date, but Goldman Sachs thinks investors are underestimating the grocery-store chain and recommends buying calls in the company ahead of its results. His forecast for Kroger's earnings in the current quarter are also ahead of consensus expectations.
CHARLESTON, W.Va.— Walmart continues to be the largest private employer in West Virginia. Walmart is followed by West Virginia United Health System, Charleston Area Medical Center Inc., the supermarket chain Kroger and Mylan Pharmaceuticals Inc. Mylan moved up from the No. 6. spot last year.
Kroger fell$. 43 or. 8 percent, to $51.74. Safeway fell$. 11 or. 3 percent, to $34.54. Supervalu fell$. 19 or 2.0 percent, to $9.49.
Kroger fell$. 28 or. 5 percent, to $51.89. Safeway fell$. 10 or. 3 percent, to $34.55. Supervalu fell$. 16 or 1.7 percent, to $9.52.
Kroger fell$. 19 or. 4 percent, to $51.98. Safeway fell$. 03 or. 1 percent, to $34.62. Whole Foods Market Inc. fell$. 19 or. 5 percent, to $38.62.
Kroger fell$. 24 or. 5 percent, to $52.17. Safeway fell$. 05 or. 1 percent, to $34.65. Supervalu rose$. 13 or 1.4 percent, to $9.68.
Kroger fell$. 32 or. 6 percent, to $52.09. Safeway fell$. 04 or. 1 percent, to $34.66. Supervalu rose$. 14 or 1.5 percent, to $9.69.
Kroger rose$. 13 or. 2 percent, to $52.54. Supervalu rose$. 10 or 1.0 percent, to $9.65. Whole Foods Market Inc. fell$. 15 or. 4 percent, to $39.37.
CINCINNATI— One of the nation's largest grocers is expected to hire as many as 1,200 people in southwest Ohio as part of a push to add 20,000 employees nationwide. Cincinnati- based Kroger Co. has announced it will increase its employee base in the Cincinnati- Dayton region by 8 percent.
After a stunningly bad August jobs report, traders are hoping next week's employment and consumer-related data will prove the report was an anomaly.
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Kroger rose$. 41 or. 8 percent, to $52.26. Safeway fell$. 09 or. 3 percent, to $34.61. Supervalu rose$. 09 or 1.0 percent, to $9.55.
NEW YORK— Supermarket chain Kroger said Friday it will hire about 20,000 workers to fill permanent jobs. Kroger Co. is the largest U.S. supermarket operator and it runs Ralph's, Fry's, and other chains. Kroger said the jobs are now available and said it hopes to fill them as soon as possible.