The Kroger Co. operates in the retail food and drug stores business in the Midwest and South U.S. KR also manufactures and processes food for sale by its supermarkets and operates
convenience stores. For the 16 weeks ended 5/22/99 (vs. 12 weeks ended 3/21/98), sales rose 38% to $8.79 billion. Net income before extraordinary item totalled $176 million, up from $51 million. Results reflect increased same store sales and the absence of $89.7 million in merchandise and inventory charges.
From Kr Web Site
The Kroger Co. is the nation's largest
supermarket operator, with over $28.2
billion in 1998 sales and 220,000
employees across 32 states! You'll find
us to be a leader as well with
competitive salaries plus an incentive bonus program.
The stock was up to 60 before the split now it is around 22. The stores are always jam packed and in this area (Michigan) people talk about this store in a way they show they love it.