Stable spending on groceries, Kroger's first quarter sales exceeded expectations.

According to the Wisdom Finance APP, American retailer Kroger's (KR.US) latest quarterly sales exceeded expectations, indicating that even during economic turmoil, consumers are still continuously purchasing essential items such as food and groceries. The retail giant stated that same-store sales growth, excluding fuel factors, increased by 3.2%, surpassing Wall Street analysts' expectations. The company also raised its full-year sales outlook to a range of 2.25%-3.25%, while keeping other financial guidance unchanged.