Kroger (KR) Tops Q3 EPS by 5c, Offers Guidance
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Kroger Reports Third Quarter 2023 Results and Updates Guidance
November 30, 2023 8:01 AM ESTThird Quarter HighlightsÂ
Identical Sales without fuel decreased 0.6%; underlying Identical Sales without fuel increased 1.0%(1)Operating Profit of $912 million; EPS of $0.88Adjusted FIFO Operating Profit of $1,022 million; Adjusted EPS of $0.95Achieved strong Adjusted Free Cash Flow leading to a net total debt to adjusted EBITDA ratio of 1.40, compared to a target range of 2.3 to 2.5Executed its go-to-market strategy to deliver value for customersGrew digital sales 11%Increased total and loyal customer... More