 |
|
|
|
|
|
9 Mar 2010
Kroger has reported that total sales, including fuel, increased 7.2% to
$18.6bn in the fourth quarter of fiscal 2009. Excluding fuel sales, in the
fourth quarter total sales increased 2.0% and identical supermarket sales
increased 1.2% over the prior year. For fiscal year 2009, total sales increased
0.8% to $76.7bn year-on-year. Excluding fuel sales, total sales for fiscal
2009 increased 2.9%, and identical supermarket sales rose 2.1% compared with the
prior fiscal year. Commenting on the results, David B. Dillon, Kroger’s Chairman
and Chief Executive Officer, said:
"The Kroger team delivered solid fourth quarter results for both our
customers and our shareholders during what continues to be a difficult operating
environment. We are strengthening Kroger’s overall competitive position by
increasing the number of households that are loyal to Kroger and earning a
greater share of their business."
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
You need to be a Retail Analysis subscriber to access the whole story from our Bulletin service.
A subscription offers so much more on top of the news.Find out more about the service here. |
|
|
|
|
|
|
|
|
|
|
|
|
- Sent to over 16,000 industry contacts
- Team of experienced analysts reporting on top stories
- Coverage on the UK and from around the world
- An essential read!
|
|
|
|
|
|
