Kroger Earns Jump

By: AP
By: AP

Kroger says price cuts, a wider assortment in
its stores and improved customer service are all paying off.

The supermarket chain says its third-quarter profits rose 16
percent and that profits for the year will be higher than company
had said previously.

In the quarter that ended November Fourth, the Cincinnati
company earned about 215 million dollars, or 30 cents a share.
That's two cents better than Wall Street analysts had forecast.

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