REUTERS: Kroger Co said it expects to exceed its 2020 outlook for same-store sales and profit after beating Wall Street expectations for quarterly results on Thursday , as the US supermarket chain benefited from consumers stocking up on essentials during the coronavirus lockdowns.
The company, however, did not reaffirm or provide new 2020 forecast. It had previously projected same-store sales to increase more than 2.25 per cent, while it expected to earn between US$2.30 to US$2.40 per share.
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