Kroger profit leaps in Q3, raises forecast
Cincinnati — Kroger Co. reported Thursday that net income for the quarter ended Nov. 3 rose to $316.5 million, compared with $195.9 million in the year-ago period.
Total sales rose 6% to $21.81 billion, beating Wall Street’s expected revenue of $21.55 billion.
Same-store sales rose 3.2%.
Aeropostale net income edges up in Q3
New York — Aeropostale reported Thursday that profit for the third quarter rose to $24.9 million, from $24.1 million last year.
Sales increased 2% to $605.9 million, beating Wall Street’s expected $601.2 million. Same-store sales dipped 2%.
Barnes & Noble swings to profit in Q3
New York — Barnes & Noble reported Thursday net income of $2.2 million for the quarter ended Oct. 27, compared with a loss of $6.6 million in the year-ago period.
Revenue was nearly flat at $1.88 billion, missing Wall Street’s expected $1.91 billion in revenue.