date:Jun 20, 2014
a year ago but included a $56 million charge for pension plan agreements. Adjusting for that expense, earnings exceeded Wall Street expectations, as did sales.
Based on the results, Kroger officials raised its net earnings guidance for the year to $3.19 to $3.27 per share from a previous expectation of $3.14 to $3.25; and said it expected ID sales for the year to range between 3% to 4% for the year, up from 2.5%-3.5%.
Officials in a conference call reviewing results said sales during the quar