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Kroger, the nations largest grocery chain, will be reporting its fiscal first quarter earnings tomorrow before the market opens.

The current slowdown in consumer spending has actually played into the hands of Kroger (NYSE: KR). Households have been cutting back on dinners at restaurants, and looking for cheaper ways to feed the family. As a result, grocery sales are up, and for Kroger, its name brand products have also been on the rise.

Continue reading Kroger first quarter earnings preview

Kroger first quarter earnings preview originally appeared on BloggingStocks on Mon, 22 Jun 2009 16:20:00 EST. Please see our terms for use of feeds.

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