- Kroger Co. reported that it earned $142.4 million in the second quarter, down 25 percent from $190.4 million in earnings posted during the same period a year ago. The company blamed the four-month strike in Southern California for the down performance.
Sales for the quarter rose 5.1 percent to $13.0 billion; same store sales were up 1.1 percent.
- KC's View:
