CINCINNATI (AP) _ Kroger Co. (KR) on Friday reported fiscal second-quarter net income of $467 million.

The Cincinnati-based company said it had profit of 61 cents per share. Earnings, adjusted for non-recurring costs, were 80 cents per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The supermarket chain posted revenue of $31.68 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $30.62 billion.

Kroger expects full-year earnings in the range of $3.25 to $3.35 per share.

Kroger shares have increased 45% since the beginning of the year, while the S&P's 500 index has risen 20%. The stock has climbed 31% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KR at https://www.zacks.com/ap/KR

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