date:Mar 07, 2014
Kroger Co, the biggest U.S. supermarket operator, forecast a higher-than-expected full-year profit as it benefits from the acquisition of southeast-focused grocer Harris Teeter.
Executives declined to comment on press reports that Kroger may make a bid that would compete with Cerberus Capital Management LP's reported offer to buy rival grocer Safeway Inc .
Kroger, which owns the Ralphs, Smith's and Food 4 Less chains, forecast a full-year profit of $3.14 to $3.25 per share, beating the average