Kroger Sales Jump as Grocer Benefits From Consumers Eating at Home

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Kroger Co. reported sturdy gross sales for the most recent quarter as shoppers continued to go for consuming at house, however mentioned greater supply-chain prices are squeezing its revenue.

The Cincinnati-based grocer mentioned it has extra stock at the moment than a yr in the past and that it incurred vital supply-chain prices to maintain its cabinets stocked. On the identical time, most merchandise are getting costlier and the corporate mentioned shoppers have gotten price-sensitive.