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Harris-Teeter helps Kroger beat Street in Q4 as company racks up another impressive year
Cincinnati – Benefits from its acquisition of the Harris-Teeter grocery chain, which The Kroger Co. acquired in January 2014, helped boost results at Kroger during fourth quarter 2014. It was the supermarket giant’s 45th consecutive quarter of same-store sales growth.
Kroger’s net income rose 23% to $518 million, beating Wall Street expectations with a 22% increase from $422 million last year.
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Same store sales keep sliding at Roundy's
Regional grocery chain Roundy’s Inc. is heading out of a “transition year,” according to CEO Robert Mariano, with lackluster same store sales growth.
Roundy’s reported a same-store sales decline of 2.3% for the fourth quarter. In 2014 overall, same-store sales dipped 2.9%. For the year, net sales reached $3.86 billion, up from $3.35 billion in 2013.

