Tuesday, June 26, 2007

Kroger profit hit by labor charge

(Reuters) - Analysts, on average, had expected Cincinnati-based Kroger to earn 48 cents per share, according to Reuters Estimates.




The company, which runs grocery stores under such names as Kroger, Fred Meyer and Ralphs, as well as the Littman and Barclay jewelry chains, said charges related to a labor issue at one of its distribution centers reduced earnings by about 2 cents per share.


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