secwatch.observer — SEC 8-K summary
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Issuer:     KROGER CO (KR)
CIK:        0000056873
Form:       8-K
Filed at:   2024-06-20T23:59:59+00:00
Accession:  0001104659-24-073155
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kroger Q1 EPS $1.29 ($1.43 adjusted); identical sales +0.5%; reaffirms FY2024 guidance
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- Identical sales without fuel +0.5%; total sales $45.3B, up 0.6% ex-fuel.
- Operating profit $1,294M; GAAP EPS $1.29; adjusted EPS $1.43 (vs $1.51 prior year).
- Adjusted FIFO operating profit $1,499M; FIFO gross margin rate -7 bps on price investments.
- Digital sales >8% growth; delivery +17%; increased digitally engaged households 9%.
- FY2024 guidance reaffirmed: adj. EPS $4.30-$4.50, adj. FIFO OP $4.6-$4.8B, identical sales 0.25%-1.75%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56873/000110465924073155/0001104659-24-073155-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56873/000110465924073155/tm2417488d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-073155

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