Kroger, Roundy’s parent company, sees 10% increase in earnings per share in Q4

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MILWAUKEE — Roundy’s parent company, Kroger, has seen a 10% increase in earnings per share in the fourth quarter.

Despite those numbers, weaker than expected sales growth caused Kroger’s stock to fall.

Revenue rose four percent, just shy of $26.2 billion in the quarter.

Kroger bought Roundy’s for $800 million in December 2015.

CLICK HERE for more on this story via the Milwaukee Business Journal.

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