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Fortune asks 3 questions of Helena Foulkes

BY Michael Johnsen

NEW YORK — How close did CVS Health's Helena Foulkes come to breaking the mold in sports journalism a la Phyllis George? Fortune magazine on Friday featured Foulkes in a “3 questions” segment where Foulkes shares what feeds her drive for consumer healthcare. 
 
Foulkes is No. 14 on Fortune's list of "Most Powerful Women," serving as a change agent for one of the largest consumer facings for healthcare. 
 
Foulkes is setting the stage for CVS Health to be a key player in an evolving healthcare paradigm that will “empower the consumer to be in control of her own healthcare,” she told Fortune

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Kroger raises projections following strong Q2

BY Michael Johnsen

CINCINNATI — For almost 12 years, Kroger has reported sames-store sales growth every quarter. And they did it again Friday in reporting its second quarter results. Kroger reported net earnings of $433 million, or $0.44 per diluted share, and identical supermarket sales growth, without fuel, of 5.3% in the second quarter of fiscal 2015. 
 
“We are pleased with our second quarter performance. Our core food business continued its strong performance and we benefitted from fuel margins that expanded throughout the quarter,” Kroger chairman and CEO Rodney McMullen, adding that the company is working toward achieving its 48th consequtive quarter of positive identical supermarket sales growth, excluding fuel, three months from now, McMullen added.
 
“We are investing to grow our business for the future while delivering on our promises today,” McMullen said. “For example, our stores are hiring to fill 20,000 new, permanent jobs and we are expanding our digital and ecommerce offerings. Our confidence in Kroger has never been stronger.”
 
As a result of lower retail fuel prices, Kroger total sales increased 0.9% to $25.5 billion in the second quarter compared to $25.3 billion for the same period last year. Total sales, excluding fuel, increased 5.7% in the second quarter over the same period last year, the company reported.  
 
Based on its strong year-to-date results, Kroger raised its net earnings per diluted share guidance to a range of $1.92 to $1.98 for fiscal 2015. The previous guidance was $1.90 to $1.95 per diluted share.  This range exceeds the company's long-term net earnings per diluted share growth rate guidance of 8% to 11%, plus a growing dividend. 
 
Kroger raised its identical supermarket sales growth guidance, excluding fuel, to a range of 4% to 5% for fiscal 2015.  The previous guidance was 3.5% to 4.5%.

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Daily Diversion: United 93 memorialized

BY DSN STAFF

Friday marks 14 years since Sept. 11, 2001, and to commemorate those who died on United Flight 93, which crashed in a field in Shanksville, Pa. when its passengers prevented hijackers from reaching its intended destination (likely the U.S. Capitol), the National Parks Service dedicated a memorial to the flight on Sept. 10.

The Flight 93 National Memorial includes a museum and an outdoor walkway that follows United 93’s flight path to an overlook of the impact site (pictured above). Click through to the memorial’s official Facebook page to see more photos. 

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