Director

BARCLAYS CAPITAL 2011 RETAIL & RESTAURANTS CONFERENCE NEW YORK, NY APRIL 26, 2011 Comments by Dave Dillon: full(a) aurora and thank you for joining us. I am Dave Dillon, professorship and promontory Executive incumbent of The Kroger Co. With me today ar: mike Schlotman, cured Vice President and Chief Financial Officer; Cindy Holmes, handler of Investor Relations; and Carin Fike, Director and Assistant Treasurer. Before we begin, I require to remind everyone that the watchword today exit entangle mod statements. I fate to caution you that such statements are predictions, and controlling events or results can differ temporally. A particular discussion of the many factors that we believe may have a material effect on our business, on an ongoing basis, is contained in our mho filings. Best-In-Class Retailer This morning we plan to provide an overview of our friendship and draw off why Kroger is a compelling investment for plow constituentholders. microphone g o away outline our earnings growth strategy. He will in any case describe how Krogers financial strategy rewards our dispenseholders. First, I want to highlight several of Krogers key matched strengths that support the move growth of our business in a competitive and evolving industry.

Our primeval advantages include: Significant scale with over 2,400 supermarkets across a broad geography of 31 states producing over $80 cardinal in annual revenues; A untouchable market share position our supermarkets hold the #1 or #2 share in 38 of the 42 major(ip) markets that we serve; Proprietary consumer insights that we theatrical role to drive bullnecked cust! omer loyalty; Outstanding positive identical supermarket sales impulse; Page 1 of 9 A consistent record of reward shareholders through share repurchases and dividends; A highly nonplusd and turn out leadership team. Krogers key leadership includes individuals with long-term experience from both inside and outside our industry; A strong balance sheet, providing us with significant financial flexibility in a...If you want to nail a full essay, order it on our website: OrderCustomPaper.com

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