The Kroger Co. (KR) reported an increase in adjusted profit for the second-quarter that also topped Wall Street estimates. Excluding fuel, sales decreased 0.4% year-on-year. For fiscal 2021, Kroger Co. projects adjusted identical sales to decline in a range of 1.5% to 1.0%. The company remains confident in its ability to deliver total shareholder returns of 8% to 11% over time.
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