Kroger posts a lower third-quarter profit
date:Dec 06, 2013
Kroger Co, the biggest U.S. supermarket operator, on Thursday posted a lower third-quarter profit that matched Wall Street's view, as it continued to appeal to loyal shoppers with competitive prices.

The Cincinnati-based company that owns the Ralphs, Smith's and Food 4 Less chains said net income was $299 million, or 57 cents per share, down from $317 million, or 60 cents, a year earlier.

Excluding adjustments ranging from taxes to settlement payments and merger-related costs, earnings per sha
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