secwatch.observer — SEC 8-K summary
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Issuer:     KROGER CO (KR)
CIK:        0000056873
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0001104659-24-031709
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kroger reports Q4 adjusted EPS $1.34, FY2023 adjusted EPS $4.76; guides FY2024 EPS $4.30-$4.50
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- Q4 total sales $37.1B (incl $2.7B from 53rd wk); identical sales ex-fuel down 0.8% (underlying +0.1%).
- FY2023 adjusted EPS $4.76 (+8% YoY ex-53rd wk); Adjusted FIFO operating profit $5.0B.
- 2024 guidance: adj. EPS $4.30-$4.50, adj. FIFO op. profit $4.6-$4.8B, ID sales ex-fuel +0.25%-1.75%.
- Digital annual sales reached $12B; delivery sales up 24% YoY (ex-53rd wk); digitally engaged households +18%.
- Share repurchase paused for Albertsons merger; dividend expected to increase over time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56873/000110465924031709/0001104659-24-031709-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56873/000110465924031709/tm247967d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-031709

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