---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-122232"
form_type: "8-K"
ticker: "KR"
cik: "0000056873"
company_name: "KROGER CO"
filed_at: "2023-11-30T23:59:59+00:00"
generated_at: "2026-06-07T20:07:27.800096+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kroger Q3 2023: Adj EPS $0.95 beats $0.88 prior year; updates FY23 guidance

## Summary
- GAAP EPS $0.88, adjusted EPS $0.95; revenue $34.0B, down 0.5% ex-fuel.
- Identical sales ex-fuel -0.6% (underlying +1.0% adjusting for Express Scripts).
- Updated FY23 guidance: adj EPS $4.50-$4.60 (raised low end), adj FIFO OP $4.9-$5.0B, identical sales 0.6%-1.0%.
- Net total debt to adj EBITDA ratio 1.40, below target range; share repurchase paused for Albertsons merger.
- Digital sales grew 11%, delivery sales up 20%; dividend expected to increase over time.

## SEC filing metadata
- accession: 0001104659-23-122232
- form_type: 8-K
- ticker: KR
- cik: 0000056873
- company_name: KROGER CO
- filed_at: 2023-11-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56873/000110465923122232/0001104659-23-122232-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56873/000110465923122232/tm2331653d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-122232
- JSON: https://secwatch.observer/filing/0001104659-23-122232.json
- Plain text: https://secwatch.observer/filing/0001104659-23-122232.txt

## Key facts
- Earnings Releases
  KROGER CO reported third quarter 2023 results: revenue $34.0 billion, EPS $0.88.
  - Period: third quarter 2023
  - Revenue: $34.0 billion
  - EPS: $0.88
  - Result: reported results
  source text: fuel, and a negative effect on the OG&A Rate, excluding fuel and adjustment items. The overall net effect on operating profit was slightly positive. Total company sales were $34.0 billion in the third quarter, compared to $34.2 billion for the same period last year. Excluding fuel, sales decreased 0.5% compared to the same period last year. Gross margin was 22.0%
  evidence_url: https://www.sec.gov/Archives/edgar/data/56873/000110465923122232/0001104659-23-122232-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.