Shares of Kroger Co. fell Thursday, putting them in danger of snapping a five-day winning streak, after the grocery chain reported fiscal first-quarter profit that topped expectations but net sales that came up a bit shy, while affirming its full-year earnings outlook.
Net income for the quarter to May 20 rose to $962 million, or $1.33 a share, from $664 million, or 91 cents a share. Excluding nonrecurring items, adjusted earnings per share increased to $1.51 from $1.45, to beat the FactSet consensus of $1.46.
Net…
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