Grocery Store Earnings Down

By: 23 Newsroom
By: 23 Newsroom

Supermarket giant Kroger, which owns Hilander food stores, says its earnings fell almost $50 million from one year ago, hurt by debt charges and the southern California strike.

Kroger's earnings per share of 19 cents for the quarter fell short of the 27 cents projected by analysts.

Net earnings for the quarter were $142 million.

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