On Sept. 12, The Kroger Co. reported results for its second quarter ended Aug. 17 and provided a Restock Kroger progress update on the Cincinnati-based company’s three-year transformation plan. Total company sales were $28.2 billion in the second quarter, compared to $28 billion for the same period last year. Excluding fuel, dispositions and merger transactions, […]
Tag: EBITDA
Posted inWest, Corporate Store News
Grocery Outlet’s Net Sales, Comps Up In 2Q But Records Net Loss
For the second quarter of fiscal 2019 ended June 29, Emeryville, California-based Grocery Outlet Holding Corp. said its net sales increased by 12.2 percent to $645.3 million vs. $575.1 million in the second quarter of fiscal 2018 and its comparable store sales increased by 5.8 percent vs. a 2.7 percent increase last year. The company’s […]