earnings
confidence high
sentiment positive
materiality 0.80
Kroger Q1 2025: Identical sales +3.2% (ex-fuel); raises FY 2025 ID sales guidance to 2.25%-3.25%
KROGER CO
2025-Q1 EPS reported
$1.29
revenue$45,118,000,000
- EPS $1.29; adjusted EPS $1.49 vs $1.43 last year; adjusted FIFO operating profit $1,518M vs $1,499M.
- Q1 total sales $45.1B; ex-fuel, ex-Specialty Pharmacy sales up 3.7% YoY; eCommerce sales up 15%.
- Gross margin improved 100 bps to 23.0%; FIFO gross margin rate up 79 bps ex-fuel and adjustments.
- Impaired $100M for ~60 store closures over 18 months; expects modest benefit; no impact on guidance.
- Raised FY 2025 identical sales (ex-fuel) guidance to 2.25%-3.25%; reaffirmed all other guidance items.
item 2.02item 9.01