Earnings roundup: Kroger, Rite Aid

Earnings roundup: Kroger raises outlook; Rite Aid posts quarterly profit

Associated Press

Among the earnings stories for Thursday, June 20, from AP Business News:

— The Kroger Co. has raised its outlook for the year after the country's largest traditional supermarket chain reported a stronger fiscal first-quarter profit that beat Wall Street expectations.

— Rite Aid Corp. notched its third-straight quarterly profit, as generic drugs and expense reductions continued to help the nation's third largest drugstore chain.

— Pier 1 Imports Inc.'s first-quarter net income rose 14 percent, buoyed by strong full-priced selling of its home decor items.

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