grocery stores

grocery stores

Kroger Co. s (Kr) fiscal first quarter profit fell 14%, small margins, but results were better than Wall Street expected, with all profits of 58 cents per share beating analysts estimates of 54 percent average. narrow margins resulting from price decreases in the Kroger Incorporated in the previous year, since the supermarket chains and others seek to maintain its market share. Kröger shows that the decrease in prices, however, is becoming more rational, as Chief Executive David Dillon said the arrest "the right balance between investments in shares." Investors waiting for comments on the Conference Call on company profits, and any reference to the pulse of the consumer, can go.10:05 a.m.: Dillon joins the call after opening requisites, noting that the number of families who go to Kroger stores is growing while customers it measures as loyal are buying more items from Kroger. Identical sales excluding fuel were up 2.4%. He adds that every supermarket division posted positive identical sales for the quarter, a feat he feels is worth mentioning twice, with emphasis.