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Kroger's quarterly sales rise 4.5 percent
November 30, 2017 / 12:54 PM / 17 days ago

Kroger's quarterly sales rise 4.5 percent

Nov 30 (Reuters) - Kroger Co, the biggest U.S. supermarket chain, reported a 4.5 percent rise in quarterly sales on Thursday as its aggressive discounting lured more customers to its stores.

Net earnings attributable to Kroger rose to $397 million, or 44 cents per share, in the third quarter ended Nov. 4, from $391 million, or 41 cents per share, a year earlier.

Sales climbed to $27.75 billion from $26.56 billion.

Reporting by Vibhuti Sharma in Bengaluru; Editing by Martina D'Couto

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