KROGER CO — fact timeline

KROGER CO reported first quarter 2026 results: EPS $1.46. Guidance reaffirmed.

“On June 18, 2026, The Kroger Co. (NYSE:KR) issued a press release announcing its first quarter 2026 results.”

Timothy A. Massa departed as Executive Vice President and Associate Experience Officer at KROGER CO.

“On May 22, 2026, Timothy A. Massa, the Executive Vice President and Associate Experience Officer of The Kroger Co. (the “Company”), provided notice to the Company of his intention to retire in the fall of 2026.”

KROGER CO updated its 2026 guidance (initiated).

“Kroger Reports Fourth Quarter and Full-Year 2025 Results and Announces Guidance for 2026”

KROGER CO reported fiscal year 2025 results: revenue Total company sales were $147.6 billion in 2025 compared to $147.1 billion in 2024, EPS Earnings Per Share (2) $1.54 $3.67.

“On March 5, 2026, The Kroger Co. (NYSE:KR) issued a press release announcing its fourth quarter and full year 2025 results.”

KROGER CO reported fourth quarter 2025 results: revenue Total company sales were $34.7 billion in the fourth quarter compared to $34.3 billion for the same period last year., EPS Earnings Per Share $1.35.

“Act. (2) Without rent, depreciation and amortization, fuel and adjustment items, if applicable. (3) Without fuel and adjustment items, if applicable. Total company sales were $34.7 billion in the fourth quarter compared to $34.3 billion for the same period last year. Excluding fuel, sales increased 2.1% compared to the same period last year. Gross margin was 23.1%”

KROGER CO announced a impairment with charges of approximately $350 million affecting certain fulfillment centers in the United States.

“On December 4, 2025, the Company determined the impairment and related charges as a result of the closure of certain fulfillment centers in the United States includes a cash payment to Ocado of approximately $350 million.”

KROGER CO announced a impairment with charges of approximately $2.6 billion affecting certain fulfillment centers in the United States.

“On November 18, 2025, The Kroger Co. (“Kroger” or the “Company”) announced updates to its eCommerce plan. In connection with the foregoing, the Company will close certain fulfillment centers in the United States. The Company expects to incur impairment and related charges in the third fiscal quarter of 2025 of approximately $2.6 billion as a result of these closures and the rest of the automated fulfillment network not meeting financial expectations.”

Ronald Sargent was appointed as interim Chief Executive Officer and Chairman of the Board at KROGER CO.

“as previously disclosed, on March 2, 2025, the Board of Directors (the “Board”) of The Kroger Co. (the “Company”) appointed Ronald Sargent to serve as interim Chief Executive Officer and Chairman of the Board.”

Mark Sutton was appointed as Lead Director at KROGER CO.

“The Board has appointed director Mark Sutton to serve as the Board’s Lead Director.”

Ronald Sargent was appointed as interim Chief Executive Officer and Chairman of the Board at KROGER CO.

“On March 2, 2025, the Board appointed Ronald Sargent, the current Lead Director of the Board, as interim Chief Executive Officer and Chairman of the Board, effective immediately.”

Rodney McMullen resigned as Chairman and Chief Executive Officer at KROGER CO.

“On March 3, 2025, the Company announced that Rodney McMullen, the Company’s Chairman and Chief Executive Officer, has resigned from those positions, effective immediately.”

Todd Foley changed role as Interim Chief Financial Officer at KROGER CO.

“Todd Foley, Kroger’s Interim Chief Financial Officer, will continue in that role until April 3, 2025, following which Mr. Foley will remain a Senior Vice President of the Company and continue to serve on the senior leadership team to support the Company until his retirement at the end of first quarter.”

David Kennerley was appointed as Senior Vice President and Chief Financial Officer at KROGER CO.

“On February 12, 2025, The Kroger Co. (“Kroger” or the “Company”) appointed David Kennerley, 51, as Senior Vice President and Chief Financial Officer, effective as of April 3, 2025.”

Stuart Aitken resigned as Senior Vice President and Chief Merchant and Marketing Officer at KROGER CO.

“On November 19, 2024, Stuart Aitken, Senior Vice President and Chief Merchant and Marketing Officer, notified The Kroger Co. (the “Company”) of his intention to resign from his position at the Company effective January 1, 2025, in order to pursue other professional opportunities.”

KROGER CO reported fourth quarter and full year 2023 results: revenue $37.1 billion in the fourth quarter; $150.0 billion in 2023, EPS EPS of $1.01 for the fourth quarter; EPS of $2.96 for fiscal 2023.

“On March 7, 2024, The Kroger Co. (NYSE:KR) issued a press release announcing its fourth quarter and full year 2023 results.”

Todd Foley was appointed as Chief Financial Officer at KROGER CO.

“Todd Foley, Group Vice President, Corporate Controller and Chief Accounting Officer of Kroger, has been appointed interim Chief Financial Officer, effective February 5, 2024.”

Gary Millerchip departed as Chief Financial Officer at KROGER CO.

“On January 30, 2024, Gary Millerchip, Senior Vice President and Chief Financial Officer of The Kroger Co. (“Kroger”), informed Kroger of his decision to step down from his role at Kroger to assume an executive role at another public company.”

KROGER CO reported third quarter 2023 results: revenue $34.0 billion, EPS $0.88.

“fuel, and a negative effect on the OG&A Rate, excluding fuel and adjustment items. The overall net effect on operating profit was slightly positive. Total company sales were $34.0 billion in the third quarter, compared to $34.2 billion for the same period last year. Excluding fuel, sales decreased 0.5% compared to the same period last year. Gross margin was 22.0%”

KROGER CO reported second quarter 2023 results: revenue $33.9 billion, EPS $(0.25). Guidance reaffirmed.

“on operating profit was slightly positive. ** Includes a $1.4 billion ($1.54 loss per share) charge related to nationwide opioid settlement framework. Total company sales were $33.9 billion in the second quarter, compared to $34.6 billion for the same period last year. Excluding fuel, sales increased 1.1% compared to the same period last year. Gross margin was 21.8%”

KROGER CO shareholders rejected Shareholder proposal regarding EEO Policy Risks at the 2023-06-22 meeting.

“On June 22, 2023, the Company held its 2023 Annual Meeting of Shareholders (the “Annual Meeting”).”

KROGER CO shareholders approved Shareholder proposal regarding a Report on Racial and Gender Pay Gaps at the 2023-06-22 meeting.

“On June 22, 2023, the Company held its 2023 Annual Meeting of Shareholders (the “Annual Meeting”).”

KROGER CO shareholders rejected Shareholder proposal regarding a Report on Recyclability of Packaging at the 2023-06-22 meeting.

“On June 22, 2023, the Company held its 2023 Annual Meeting of Shareholders (the “Annual Meeting”).”

KROGER CO shareholders rejected Shareholder proposal regarding Listing of Charitable Contributions of $10,000 or More at the 2023-06-22 meeting.

“On June 22, 2023, the Company held its 2023 Annual Meeting of Shareholders (the “Annual Meeting”).”

KROGER CO shareholders rejected Shareholder proposal regarding the Report on Public Health Costs from the Sale of Tobacco Products at the 2023-06-22 meeting.

“On June 22, 2023, the Company held its 2023 Annual Meeting of Shareholders (the “Annual Meeting”).”

KROGER CO shareholders approved Ratification of PricewaterhouseCoopers LLP as independent auditor for fiscal year 2023 at the 2023-06-22 meeting.

“On June 22, 2023, the Company held its 2023 Annual Meeting of Shareholders (the “Annual Meeting”).”

KROGER CO shareholders approved Advisory vote on Frequency of Future Votes on Executive Compensation at the 2023-06-22 meeting.

“On June 22, 2023, the Company held its 2023 Annual Meeting of Shareholders (the “Annual Meeting”).”

KROGER CO shareholders approved Advisory vote approving executive compensation at the 2023-06-22 meeting.

“On June 22, 2023, the Company held its 2023 Annual Meeting of Shareholders (the “Annual Meeting”).”

KROGER CO shareholders approved Election of Directors at the 2023-06-22 meeting.

“On June 22, 2023, the Company held its 2023 Annual Meeting of Shareholders (the “Annual Meeting”).”

KROGER CO reported first quarter 2023 results: revenue $45.2 billion, EPS $1.32. Guidance reaffirmed.

“fuel, and a negative effect on the OG&A Rate, excluding fuel and adjustment items. The overall net effect on operating profit was slightly positive. Total company sales were $45.2 billion in the first quarter, compared to $44.6 billion for the same period last year. Excluding fuel, sales increased 3.5% compared to the same period last year. Gross margin was 22.3%”

KROGER CO reported fiscal year 2022 results: revenue $148.3 billion, EPS $ 3.06.

“EPS $ 3.06 $ 2.17 Adjusted EPS (Table 6) $ 4.23 $ 3.68 Operating Profit $ 4.1 $ 3.5 Adjusted FIFO Operating Profit (Table 7) $ 5.1 $ 4.3 FIFO Gross Margin Rate* Decreased 9 basis points OG&A Rate* Decreased 19 basis points * Without fuel and adjustment items, if applicable. Identical sales without fuel would have grown 5.8% in Fiscal 2022 if not for the reduction in pharmacy sales from Kroger’s termination of its agreement with Express Scripts effective December 31, 2022. This terminated agreement had no material impact on profitability. 3 Total company sales were $148.3 billion in 2022, compared to $137.9 billion for the same period last year.”

KROGER CO reported fourth quarter 2022 results: revenue $34.8 billion, EPS $ 0.62.

“EPS** $ 0.62 $ 0.75 Adjusted EPS (Table 6) $ 0.99 $ 0.91 Operating Profit** $ 826 $ 965 Adjusted FIFO Operating Profit (Table 7) $ 1,274 $ 1,014 FIFO Gross Margin Rate* Decreased 1 basis point OG&A Rate* Decreased 56 basis points * Without fuel and adjustment items, if applicable. Identical sales without fuel would have grown 6.7% in the 4th quarter if not for the reduction in pharmacy sales from Kroger’s termination of its agreement with Express Scripts effective December 31, 2022. This terminated agreement had no material impact on profitability. ** Included in our EPS and Operating Profit this quarter was a $164 million goodwill and fixed asset impairment charge relating to Vitacost.com and $160 million charge for the fair value of interest rate hedges associated with proposed merger financing. 2 Total company sales were $34.8 billion in the fourth quarter, compared to $33.0 billion for the same period last year.”

KROGER CO reported third quarter 2022 results: revenue $34.2 billion, EPS $0.55. Guidance raised.

“7) $ 1,094 $ 974 FIFO Gross Margin Rate* Decreased 5 basis points OG&A Rate* Decreased 3 basis points *without fuel and adjustment items, if applicable Total company sales were $34.2 billion in the third quarter, compared to $31.9 billion for the same period last year. Excluding fuel, sales increased 6.4% compared to the same period last year. Gross margin was 21.4%”

KROGER CO amended Amendment with Bank of America, N.A. and Wells Fargo Bank National Association, as co-administrative agents, and Bank of America, N.A. as paying agent (effective 2022-11-09).

“On November 9, 2022, the Company also entered into an amendment (the “Amendment”) to its Amended and Restated Credit Agreement, dated as of July 6, 2021, by and among the Company, the lenders from time to time party thereto, Bank of America, N.A. and Wells Fargo Bank National Association, as co-administrative agents, and Bank of America, N.A. as paying agent (the “Revolving Credit Agreement” and, the Revolving Credit Agreement as amended by the Amendment, the “Amended Revolving Credit Agreement”), which, among other things, (i) replaces the benchmark rate applicable to Borrowings under the Amended Revolving Credit Agreement from the Eurodollar Rate to adjusted Term SOFR and (ii) amends the maximum leverage ratio permitted under the financial covenant for periods ended after the Closing Date as set forth in the Amended Revolving Credit Agreement.”

KROGER CO entered into Term Loan Credit Agreement with lenders from time to time party thereto and Citibank, N.A., as administrative agent valued at $4.75 billion (effective 2022-11-09).

“On November 9, 2022, The Kroger Co. (NYSE:KR) (the “Company”) executed a Term Loan Credit Agreement (the “Term Loan Credit Agreement”) among the Company, the lenders from time to time party thereto and Citibank, N.A., as administrative agent, pursuant to which the lenders party thereto committed to provide, contingent upon the completion of the Acquisition (as defined below) and certain other customary conditions to funding, (1) a senior unsecured term loan facility in an aggregate principal amount of $3.0 billion maturing on the third anniversary of the Closing Date (as defined below) and (2) a senior unsecured term loan facility in an aggregate principal amount of $1.75 billion maturing on the date that is 18 months after the Closing Date (collectively, the “Term Loan Facilities”).”