Kroger's Profit Falls 11.5%

Kroger, the biggest U.S. supermarket company, reported an 11.5 percent fall in quarterly profit, largely hurt by charges related to restructuring of some pension obligations.

Net earnings attributable to Kroger fell to $383 million, or 40 cents per share, in the second quarter ended Aug. 13 from $433 million, or 44 cents, a year earlier.

Sales rose to $26.57 billion from $25.54 billion.

(Reporting by Jessica Kuruthukulangara and Arunima Banerjee in Bengaluru; Editing by Sriraj Kalluvila)