Jun 17, 2020

Kroger announces first quarter earnings Thursday

Posted Jun 17, 2020 7:40 PM

HUTCHINSON, Kan. — The first quarter earnings parade for companies with ties to Hutchinson comes to an end on Thursday when Kroger releases its first quarter numbers.

The parent company of Dillons reported total company sales of $28.9 billion for the last three months of 2019 compared with $28.3 billion in 2018. Adjusting operating profit totaled $758 million compared with $628 million the previous year.

While most of the companies were able to weather the storm in the first quarter, which was in the early stages of the pandemic, more telling numbers will be coming when Union Pacific kicks off the second quarter reports July 16.