UPDATE: Kroger Co. (KR) Tops Q1 EPS by 5c; Boosts FY12 EPS Outlook; Approves $1B Buyback

Article Stock Quotes (1) Comments (0)

(Updated - June 14, 2012 8:33 AM EDT)

Kroger Co. (NYSE: KR) reported Q1 EPS of $0.78, $0.05 better than the analyst estimate of $0.73. Revenue for the quarter came in at $29.1 billion versus the consensus estimate of $29.14 billion.

Identical supermarket sales, without fuel, increased 4.2%.

Kroger Co. sees FY2012 EPS of $2.33-$2.40, versus prior guidance of $2.28-$2.38 and the consensus of $2.32.

The Board approved a new $1 billion buyback plan.

For earnings history and earnings-related data on Kroger Co. (KR) click here.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Actuant Corp. (ATU) Tops Q3 EPS by 3c; Trims FY13 Outlook, Guides FY14
• GenMark Diagnostics (GNMK) Warns for FY2013
• La-Z-boy, Inc. (LZB) Tops Q4 EPS by 5c

Create E-mail Alert Related Categories

Earnings, Guidance, Hot Guidance, Retail Sales, Stock Buybacks

Related Entities

Earnings

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?