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Kroger to announce 2Q earnings Thursday

HUTCHINSON, Kan. — The quarterly earnings session comes to a close when Kroger announces its second-quarter earnings before the bell on Thursday.

The parent company of Dillons is expected to earn $0.41 a share on $28.42 billion in revenue.

First-quarter net earnings were $772 million, or $0.95 per diluted share. Adjusted net earnings were $586 million, or $0.72 per diluted share.

Total company sales for the quarter were $37.3 billion. The numbers will further reflect the recent sell-off of the company’s convenience store business that included all area Kwik Shops.

Kroger operates nearly 2,800 supermarkets in the United States under various local names.

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