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twitterProfit rises for Las Vegas grocery operator
Tuesday, June 26, 2001 | 10:45 a.m.
CINCINNATI -- Kroger Co., the nation's largest supermarket operator, today said its first-quarter earnings climbed from a year ago, matching Wall Street expectations.
Kroger earned $303.4 million, or 36 cents a share, in the quarter ended May 26, up from $100.1 million, or 12 cents share, a year ago. Sales increased 5 percent to $15.1 billion from last year's $14.3 billion.
In Las Vegas, Kroger operates Smith's Food & Drug Centers and Food 4 Less stores.
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