Kroger (KR) Tops Q3 EPS by 7c, Offers Guidance

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Go back to Kroger (KR) Tops Q3 EPS by 7c, Offers Guidance

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

December 1, 2022 7:15 AM EST

Third Quarter Highlights

Identical Sales without fuel increased 6.9%Operating Profit of $841 million; Adjusted FIFO Operating Profit of $1,094 millionEPS of $0.55; Adjusted EPS of $0.88Company is executing its go-to-market strategy to deliver value for customersOur Brands identical sales increased 10.4%Digital sales grew 10%Fresh Produce Initiative accelerated with a total of 1,252 stores certified, driving higher identical sales

CINCINNATI,... More