earnings
confidence high
sentiment neutral
materiality 0.60
Kroger Q1 EPS $1.46 ($1.58 adj); identical sales up 1.0%; reaffirms FY guidance
KROGER CO
- GAAP EPS $1.46 vs $1.29 YoY; adjusted EPS $1.58 vs $1.49.
- Identical sales without fuel +1.0% (includes 130 bps headwind from Inflation Reduction Act).
- Operating profit $1,407M; adjusted FIFO operating profit $1,544M.
- Adjusted eCommerce sales +19%; Kroger Precision Marketing profit +20%.
- FY 2026 guidance reaffirmed: EPS $5.10-$5.30, FIFO operating profit $5.0-$5.2B, free cash flow $2.7-$2.9B.