Kroger (KR) Tops Q4 EPS by 9c, Guidance Beats
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Kroger Reports Fourth Quarter and Full-Year 2022 Results Announces Growth Expectations for 2023
March 2, 2023 8:30 AM ESTFourth Quarter Highlights
Identical Sales without fuel increased 6.2%(1)Operating Profit of $826 million; Adjusted FIFO Operating Profit of $1,274 millionEPS of $0.62; Adjusted EPS of $0.99Executed go-to-market strategy to deliver value for customersOur Brands identical sales increased 10.1%Digital sales grew 12%Fiscal 2022 Highlights
Identical Sales without fuel increased 5.6%(1) Operating Profit of $4.1 billion; Adjusted FIFO Operating Profit of $5.1 billionEPS of $3.06; Adjusted EPS of $4.23Delivered Adjusted EPS growth of 15%Cost savings exceeded $1 billion for fifth consecutive yearSignificantly increased associate wages... More