Kroger reported mixed Q2 earnings with adjusted EPS of $1.09 beating estimates, but revenues slightly below expectations at $34.62 billion. Despite slower sales growth, Kroger maintained its full-year adjusted EPS guidance of $5.10 to $5.30, supported by strong digital segment growth including 20% e-commerce and 24% retail media increases. An analyst from Telsey Advisory set a new price target of $75, implying a 23.5% upside from the current stock price of $60.73. Kroger remains competitive in the grocery sector, leveraging cost savings and digital expansion to sustain profits.
Kroger is encouraging healthier eating by promoting peak-season fruits and vegetables, which are fresher and more nutritious. They offer a $5 discount on produce purchases of $20 or more to make these foods more affordable. Kroger dietitians highligh...
Kroger reported a mixed second quarter with weak identical store sales but solid earnings per share (EPS) and margin improvements. Operational strengths in cost control, e-commerce, and retail media helped increase operating income by 12.5% despite c...
Kroger reported Q2 earnings with an EPS of $1.09, beating analyst expectations of $1.06 and showing 5% growth. Quarterly revenue was $34.62 billion, just below the $34.64 billion consensus but up from last year. The company lowered its full-year same...
Kroger lowered its 2026 full-year sales growth outlook for identical sales excluding fuel to 0.2%-0.8%, down from a previous 1.0%-2.0% forecast. This adjustment follows a weak second quarter where sales growth slowed to 0.2%, impacted by factors like...
Kroger reported better-than-expected Q2 earnings with adjusted EPS of $1.09, beating estimates and up 5% year-over-year. Revenue was $34.6 billion, slightly above forecasts, while adjusted operating profit reached $1.08 billion. Despite trimming its ...
