LIFO charges of $23 and $30 were recorded in the second quarter of 2020 and 2019, respectively. Kroger defines a supermarket as identical when it has been in operation without expansion or relocation for five full quarters.
These items should not be reviewed in isolation or considered substitutes for the Company's financial results as reported in accordance with GAAP. The pre-tax adjustments to OG&A expenses for Home Chef contingent consideration were $25 and $2 in the second quarters of 2020 and 2019, respectively. The amounts presented represent the net earnings per diluted common share effect of each adjustment. Due to the nature of these items, as further described below, it is important to identify these items and to review them in conjunction with the Company's financial results reported in accordance with GAAP.
), By viewing our video content, you are accepting the terms of our. according to a statement on the FDA website. Get the latest information on food recalls and alerts, including allergy alerts : You can also get the Food Safety Widget to display food safety alerts and recalls on your Web site. (CNN) First it …
The following table summarizes items that affected the Company's financial results during the periods presented. “Illnesses might not yet be reported due to the time it takes between when a person becomes ill and when the illness is reported. Victims ranged in age from one to 92 years old. Comments from Chairman and CEO Rodney McMullen"Each day I'm inspired by the work our incredible associates do to bring to life our purpose, to Feed the Human Spirit.
Items identified in this table should not be considered alternatives to net earnings attributable to The Kroger Co. or any other GAAP measure of performance.
Albemarle County Fire Rescue has been awarded a $1.9 million Staffing for Adequate Fire and Emergency Response grant.
Customers are at the center of everything we do and, as a result, we are growing market share.
Adjustment for pension plan withdrawal liabilities, Adjustment for mark to market gain on investments, Adjustment for gain on sale of Turkey Hill Dairy, Adjustment for gain on sale of You Technology, Adjustment for Home Chef contingent consideration, Adjustment for loss on settlement of financial instrument, Adjustment for severance charge and related benefits, Adjustment for deconsolidation and impairment of Lucky's Market.
Kroger defines identical sales, excluding fuel, as sales to retail customers, including sales from all departments at identical supermarket locations, Kroger Specialty Pharmacy businesses, jewelry and ship-to-home solutions.
Notice. Current portion of long-term debt including obligations, Current portion of operating lease liabilities, Long-term debt including obligations under finance leases, Pension and postretirement benefit obligations, Total Liabilities and Shareowners' Equity, Total common shares outstanding at end of period, Net earnings including noncontrolling interests, Adjustments to reconcile net earnings including noncontrolling. ROANOKE, Va. (WDBJ) - Kroger Mid-Atlantic is recalling cheese dips sold at some of its stores due to a potential Salmonella contamination. Kroger recalls cheese dips with onions due to salmonella threat. On August 1, the FDA warned consumers not to eat red, white, yellow and sweet onions from Thomson International, Inc. due to a possible, The onions, which were sold at stores including Walmart, Kroger and Publix, caused.
This site is provided as a resource for federal recalls. Bagged peaches, loose fruit and in-bulk peaches, along with peach salsa sold under three brand names and labeled as Perfectly Peach Salsa, are under recall.
The pre-tax adjustment to OG&A expenses for transformation costs was $29 in the second quarter of 2020. Updated September 1, 2020 at 4:00 PM ET Onion Recalls in Salmonella Newport Outbreak Thomson International, Inc., was identified as a supplier of onions linked to this outbreak and issued a recall of red, white, yellow, and sweet yellow onions. Red onions have been linked to a salmonella outbreak (Rachel Fabbi) Published: Aug. 14, 2020 at 8:51 PM CDT. The purpose of this table is to better illustrate comparable operating results from our ongoing business, after removing the effects on net earnings per diluted common share for certain items described below. Earlier this year, Kroger increased the dividend by 13 percent, marking the 14th consecutive year of dividend increases. All rights reserved. Management believes these FIFO financial metrics are useful to investors and analysts because they measure our day-to-day operational effectiveness. "We voluntarily issued this recall out of an abundance of caution with the steadfast intent to minimize even the slightest risk to public health," Freshouse President Jamey Friedman said in a statement. Transformation costs primarily include costs related to store and business closure costs and third party professional consulting fees associated with business transformation and cost saving initiatives. The following table provides a reconciliation from net earnings attributable to The Kroger Co. to adjusted EBITDA, as defined in the Company's credit agreement, on a rolling four quarter basis.