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Kroger reported fiscal second-quarter adjusted EPS of $1.09 and sales of $34.621 billion, both above estimates. The grocer also trimmed its full-year identical-sales growth forecast excluding fuel to 0.2% to 0.8% from 1% to 2% as household budgets stay pressured.
Kroger said second-quarter identical sales without fuel rose 0.2% and adjusted EPS was $1.09. The company also lowered full-year identical sales guidance without fuel to 0.2% to 0.8% while maintaining its adjusted operating profit outlook.
Kroger and Instacart launch combined grocery and prescription delivery, linking customers to more than 2,200 Kroger pharmacies for eligible prescriptions added to grocery orders for a single delivery.