Kroger Co. Earnings Show the Mounting Costs of a Pricing War

Kroger (NYSE: KR) recently announced earnings results for its fiscal second quarter. The nation's biggest grocery store chain showed a slight improvement in operating results. But its pricing battle with rival retailers is heating up and will push profits lower for the full year.

More on that earnings outlook in a moment. First, here's how the headline results stacked up against the prior-year period:

Metric

Source: Fool.com