Kroger (KR) Misses Q3 EPS by 1c, Offers FY Guidance

December 5, 2019 8:32 AM EST

Kroger (NYSE: KR) reported Q3 EPS of $0.47, $0.01 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $28 billion versus the consensus estimate of $28.15 billion.


Kroger sees FY2019 EPS of $2.15-$2.25, versus the consensus of $2.20.

2019 Guidance

IDS (%)

EPS ($)

Operating Profit ($B)

Tax Rate


Cap Ex




$2.17 - $2.27

$2.4 - $2.5

24.0% - 24.5%

$3.0 - $3.2


2.0% - 2.25%

$2.15 - $2.25

$2.9 - $3.0

22.5% - 23.0%


* Without adjusted items, if applicable; Operating profit represents FIFO Operating Profit. Kroger is unable to provide a full reconciliation of the GAAP and non-GAAP measures used in 2019 guidance without unreasonable effort because it is not possible to predict certain of our adjustment items with a reasonable degree of certainty. This information is dependent upon future events and may be outside of our control and its unavailability could have a significant impact on 2019 GAAP financial results.

** These rates reflect typical tax adjustments and do not reflect changes to the rate from the completion of income tax audit examinations, which cannot be predicted.

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

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