date:Apr 25, 2014
lan, in part as a result of inflation in produce, meat and pharmacy that was not fully passed along for competitive reasons, said CEO Robert Edwards. He added that cost cuts should boost profitability in the second half of 2014.
Revenue rose 1 percent to $8.26 billion from $8.18 billion last year. Analysts expected $8.26 billion. Revenue in stores open at least one year, a key retail metric, rose 1.8 percent, excluding fuel. The company said the measure was up about 2 percent in the second quar