Kroger (KR) Tops Q1 EPS by 16c, Raises Guidance

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Go back to Kroger (KR) Tops Q1 EPS by 16c, Raises Guidance

Kroger Reports First Quarter 2022 Results and Raises Full-Year Guidance

June 16, 2022 8:00 AM EDT

First Quarter Highlights

Identical Sales without fuel increased 4.1%Operating Profit of $1,505 million; Adjusted FIFO Operating Profit of $1,601 millionEPS of $0.90; Adjusted EPS of $1.45Company is widening its competitive moats to deliver value for customersFresh Department identical sales increased 5.2%Our Brands identical sales increased 6.3%Digitally engaged households grew by more than half a million and digital coupon downloads increased 11%

CINCINNATI, June 16, 2022 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today reported its first quarter 2022 results and will update investors on how Leading with Fresh... More