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Division retailer chain The Kroger Co. (NYSE: KR) reported greater web gross sales and revenue for the fourth quarter of 2023. Earnings beat estimates, whereas gross sales got here in keeping with expectations.
The chompany reported web gross sales of $37.1 billion for the January quarter, in comparison with $34.8 billion for a similar interval final 12 months. An identical gross sales, with out gas, decreased 0.8%. The highest line got here in keeping with analysts’ estimates.
Internet earnings, excluding particular objects, elevated to $1.34 per share within the fourth quarter from $0.99 per share within the year-ago quarter. On an unadjusted foundation, web earnings have been $736 million or $1.01 per share in This autumn, in comparison with $450 million or $0.62 per share final 12 months.
Prior Efficiency
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