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

December 5, 2024 8:02 AM

Kroger (NYSE: KR) reported Q3 EPS of $0.98, $0.01 better than the analyst estimate of $0.97. Revenue for the quarter came in at $33.6 billion versus the consensus estimate of $34.21 billion.

GUIDANCE:

Kroger sees FY2025 EPS of $4.35-$4.45, versus the consensus of $4.44.

Guidance as of
September 12, 2024

Guidance as of

December 5, 2024

Identical Sales without fuel

0.75% – 1.75%

1.20% – 1.50%

Adjusted FIFO Operating Profit

$4.6$4.8 billion

$4.6$4.7 billion

Adjusted net earnings per diluted share

$4.30$4.50

$4.35$4.45

Adjusted Free Cash Flow**

$2.5$2.7 billion

$2.5$2.7 billion

Capital expenditures

$3.6$3.8 billion

$3.6$3.8 billion

Adjusted effective tax rate***

23 %

22.5 %

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

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