Kroger (KR) Tops Q1 EPS by 16c, Raises Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
- Exclusive-Silver Lake in talks to buy Workday, sources say
- Crude Inventory Rose 17.2 Million Barrels Last Week - EIA
- Citi agrees to acquire rewards platform Kard Financial
- Total darkness, then sunset as full eclipse wows spectators in Spain
- Burry doubles down on Nebius short after stock surges 34% on earnings
Kroger Reports First Quarter 2022 Results and Raises Full-Year Guidance
June 16, 2022 8:00 AM EDTFirst 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
