After mixed results in the fourth quarter, Kroger shares rose in early trading Thursday, with final earnings and full-year forecast easily exceeding expectations.
Kroger said it lost $ 77 million, or 1 percent, a share, compared to 40 cents a share in the same period last year. On an adjusted basis, excluding one-off items, including pension liabilities and investment adjustments, earnings per share were 81 cents. Sales were up more than 6% to $ 30.74 billion.