Kroger (NYSE:KR) Reports Q3 Net Earnings of $202.2 Million


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Kroger sales on the rise

The Kroger Co. (NYSE:KR) reported Q3 net earnings for 2010 totaled $202.2 million, or $0.32 per diluted share.

Including fuel, Q3 total sales increased $18.7 billion, a 5.9% increase compared to $17.7 billion total sales for the same quarter of 2009.

Excluding fuel, Kroger Q3 total sales increased 3.1% over the same period last year.

Identical Q3 supermarket sales, without fuel, saw an increase of 2.4% over the same quarter in 2009.

Kroger net earnings for the first three quarters of fiscal 2010 total $837.5 million.

Kroger total sales for the first three quarters of fiscal 2010 were $62.3 billion, an increase of $4.1 billion over total sales of $58.2 billion in the same period last year.