
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: THURSDAY, July 19, 1990                   TAG: 9007190239
SECTION: BUSINESS                    PAGE: A11   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

KROGER NET UP IN SECOND QUARTER

The Kroger Co. credited strong sales, a reduced accounting charge and lower interest costs for second-quarter net earnings of $25.3 million or 30 cents a share. The Cincinnati-based supermarket chain, with Roanoke area outlets, said its earnings were up from a loss of $2.5 million or 3 cents a share a year earlier. Sales increased 7.2 percent to $4.7 billion.

In its first half, Kroger reported net earnings of $15 million or 18 cents a share, up from a loss of $21.5 million or 29 cents last year. Sales for the first six months came to $9.3 billion, an increase of 4.3 percent.

- Staff report

by CNB