Kroger Rises After Profit Tops Estimates
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Kroger Co., the largest U.S. supermarket chain, rose the most in five months after posting third-quarter profit that topped analysts’ estimates and boosting its earnings forecast for the year.
The shares climbed 3.6 percent to $60.76 at the close in New York for the biggest one-day gain since June 19. Cincinnati-based Kroger has gained 54 percent this year.