Kroger Posted Mixed Results – Why Its Outlook Matters More for the Stock

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After mixed results in the fourth quarter, Kroger shares rose in early trading Thursday, with final earnings and full-year forecast easily exceeding expectations.

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Kroger Posted Mixed Results

Kroger said it lost $ 77 million, or 1 percent, a share, compared to 40 cents a share in the same period last year. On an adjusted basis, excluding one-off items, including pension liabilities and investment adjustments, earnings per share were 81 cents. Sales were up more than 6% to $ 30.74 billion.

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