date:Mar 07, 2014
. Those shoppers are spending more of their own money on food, chief executive Rodney McMullen said on a conference call with analysts.
Kroger forecast full-year identical supermarket sales growth, excluding fuel, of about 2.5 percent to 3.5 percent for the year, assuming a low rate of inflation.
Identical-supermarket sales track stores that have remained open without expansion or relocation for five quarters.
The company said net income attributable to Kroger fell to $422 million, or 81 cent