Kroger Reports First Quarter 2023 Results and Reaffirms Full-Year Identical Sales Without Fuel and Adjusted EPS Guidance

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Go back to Kroger Reports First Quarter 2023 Results and Reaffirms Full-Year Identical Sales Without Fuel and Adjusted EPS Guidance

Kroger (KR) shares down despite beating Q1 profit expectations

June 15, 2023 9:26 AM EDT

Kroger (NYSE: KR) shares tumbled over premarket Thursday despite beating profit expectations in the first quarter.

The retailer's shares are down around 4% at the time of writing, at the $45.21 mark.

Kroger posted Q1 EPS of $1.51, $0.07 better than the analyst estimate of... More

Kroger (KR) Tops Q1 EPS by 7c, Reaffirms Guidance

June 15, 2023 8:01 AM EDT

Kroger (NYSE: KR) reported Q1 EPS of $1.51, $0.07 better than the analyst estimate of $1.44. Revenue for the quarter came in at $45.2 billion versus the consensus estimate of $45.21 billion.

GUIDANCE:

Kroger sees FY2024 EPS of $4.45-$4.60, versus the consensus of $4.50.

Identical sales without... More