News

• Kroger Company declined 1.1% to $45 after the largest independent grocery retail chain reported mixed second quarter results. 
  
  Revenue in the second quarter declined to $33.8 billion from $34.6 billion and excluding fuel, sales increased 1% from a year ago to $29.5 billion. 
  
  Kroger defines identical sales, excluding fuel, as sales to retail customers, including sales from all departments at identical supermarket  locations, Kroger Specialty Pharmacy businesses, jewelry and ship-to-home solutions. 
  
  Kroger defines a supermarket as identic More
  
  Sep 8, 2023
• Kroger Company declined 1.1% to $45 after the largest independent grocery retail chain reported mixed second quarter results. 
  
  Revenue in the second quarter declined to $33.8 billion from $34.6 billion and excluding fuel, sales increased 1% from a year ago to $29.5 billion. 
  
  Kroger defines identical sales, excluding fuel, as sales to retail customers, including sales from all departments at identical supermarket  locations, Kroger Specialty Pharmacy businesses, jewelry and ship-to-home solutions. 
  
  Kroger defines a supermarket as identical when it has  been in operation without expansion or relocation for five full quarters. 
  
  The company swung to a net loss of $180 million from a profit of $731 million and diluted earnings per share swung to ($0.25) from $1.0 a year ago. 
  
  Separately, the company said it settled most claims related to opioid for $1.2 billion. 
  
  The company said the settlement and the payment terms will not affect Kroger’s ability to complete its proposed merger with Albertsons and the company still expects to reduce its net total debt to adjusted EBITDA ratio to 2.50 within 18 – 24 months after the close of the merger. 
  
    Less
  
  Sep 8, 2023


• Kroger Co declined 2.8% to $45.88 after the company reiterated its same store sales excluding gasoline sales for the year. 
  
  Sales in the first quarter increased to $45.1 billion from $44.6 billion and net income increased $962 million and diluted earnings per share increased to $1.32 from 90 cents a year ago. 
  
  The company reaffirmed Identical sales excluding gasoline sales to grow between  1.0% and 2.0%, with underlying growth between 2.5% and 3.5% after adjusting for the effect of Express Scripts. 
  
  Adjusted net earnings per diluted sha More
  
  Jun 15, 2023
• Kroger Co declined 2.8% to $45.88 after the company reiterated its same store sales excluding gasoline sales for the year. 
  
  Sales in the first quarter increased to $45.1 billion from $44.6 billion and net income increased $962 million and diluted earnings per share increased to $1.32 from 90 cents a year ago. 
  
  The company reaffirmed Identical sales excluding gasoline sales to grow between  1.0% and 2.0%, with underlying growth between 2.5% and 3.5% after adjusting for the effect of Express Scripts. 
  
  Adjusted net earnings per diluted share between $4.45 and $4.60, including an estimated benefit from the 53rd week of approximately $0.15.  Less
  
  Jun 15, 2023

Executive/
Director

Links

YTD

Earnings

Annual Returns

52 Week
High/Low

Annual
Earnings

Chart

Trading Volume

Dividend +

Outstanding Shares
(In Millions) +

Financial Statements
+

SEC Filings

Financial Ratios