Kroger Co. ’s reported larger gross sales within the newest quarter and raised its full-year steering as customers continued to go for consuming at dwelling, although inflationary pressures elevated prices in the course of the quarter.
The grocery chain mentioned gross sales had been $31.86 billion for the third quarter, a 7.2% enhance from the year-earlier interval. Analysts had been focusing on $31.16 billion in gross sales, in line with FactSet.