Tuesday, grocery chain operator Kroger Co. (KR: News ) posted higher profit in its fourth quarter, boosted by its namesake grocery brands. On a per share basis, earnings rose from last year and topped the Street view. In addition, the company issued full-year earnings forecast, below Consensus. Following the news, shares of the company are currently up more than 9%.

Q4 Results

The company's fourth-quarter net income was $349.2 million or $0.53 per share, compared to $322.9 million or $0.48 per share in the prior year quarter.

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