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More on Kroger's (KR) FQ1: FIFO gross margin down 53 bps from last year to 20.70% of sales....
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Thursday, June 14, 2012, 8:41 AM ETMore on Kroger's (KR) FQ1: FIFO gross margin down 53 bps from last year to 20.70% of sales. Approves $1B buyback. Expects same-store sales growth of 3.0%-3.5% in FY12, excluding fuel. Increases FY12 EPS outlook to $2.33-$2.40, from prior guidance of $2.28-$2.38. Shares +4.4% premarket. (PR)
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