earnings
confidence high
sentiment positive
materiality 0.80
Kroger Q2 Identical Sales Up 3.4%, Adjusted EPS $1.04; Raises FY25 Guidance
KROGER CO
2025-Q2 EPS reported
$2.20
revenue$79,058,000,000
- Q2 Identical Sales without fuel +3.4% YoY; total sales $33.9B flat as prior year included $718M KSP sales.
- Adjusted EPS $1.04 vs $0.93 prior year; GAAP EPS $0.91; operating profit $863M vs $815M.
- eCommerce sales increased 16%; FIFO gross margin rate +39 bps driven by lower shrink and supply chain costs.
- FY25 guidance raised: ID sales now 2.7%-3.4% (prev 2.25%-3.25%), EPS $4.70-$4.80 (prev $4.60-$4.80).
- Net total debt to adjusted EBITDA ratio 1.63 vs 1.24 a year ago; $5B ASR ongoing, $2.5B buyback remaining.