secwatch.observer — SEC 8-K summary
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Issuer:     KROGER CO (KR)
CIK:        0000056873
Form:       8-K
Filed at:   2022-12-01T23:59:59+00:00
Accession:  0001104659-22-123457
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kroger Q3 adjusted EPS $0.88 beats; raises full-year adjusted EPS guidance to $4.05-$4.15
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- EPS of $0.55 GAAP, adjusted EPS $0.88 (up from $0.78 YoY); identical sales ex-fuel +6.9%.
- Total sales $34.2B, up 7.2% from $31.9B; operating profit $841M, adjusted FIFO operating profit $1,094M.
- Raises FY2022 guidance: identical sales ex-fuel 5.1%-5.3%; adjusted EPS $4.05-$4.15.
- Digital sales grew 10%; Our Brands sales +10.4%; delivery sales +34%.
- Net total debt to adjusted EBITDA ratio 1.61, well below target of 2.30-2.50.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56873/000110465922123457/0001104659-22-123457-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56873/000110465922123457/tm2231551d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-123457

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer