HUTCHINSON, Kan. — The quarterly earnings session comes to a close when Kroger announces its second-quarter earnings before the bell on Thursday.
First-quarter net earnings were $772 million, or $0.95 per diluted share. Adjusted net earnings were $586 million, or $0.72 per diluted share.
Total company sales for the quarter were $37.3 billion. The numbers will further reflect the recent sell-off of the company’s convenience store business that included all area Kwik Shops.
Kroger operates nearly 2,800 supermarkets in the United States under various local names.