Kroger Reports Strong Digital Sales For Q2

Source: Kroger Investors, Friday, Sep 14, 2018

Total sales increased 1% to USD27.9 billion in the second quarter compared to USD 27.6 billion for the same period last year. Excluding fuel, the convenience store business unit divestiture and the merger with Home Chef resulted in a total sales increase of 1.8% in the second quarter over the same period last year. Kroger expects identical sales growth excluding fuel to be between 2%-2.5% in 2018. The digital sales jumped 50% y-o-y.