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Kroger Q2 profit slips, but tops expectations
Cincinnati -- The Kroger Co. reported a better-than-expected second quarter profit of $279.1 million, down from $280.8 million a year ago. The supermarket company raised its forecast for the full year, buoyed by its strong loyalty program and its ability to keep costs in line.
Revenue, including fuel, rose 3.9% to $21.73 billion.