Kroger (KR) stock gains after topping Q1 earnings, revenue expectations

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Go back to Kroger (KR) stock gains after topping Q1 earnings, revenue expectations

Kroger Reports First Quarter 2024 Results and Reaffirms Guidance

June 20, 2024 8:00 AM EDT

First Quarter Highlights

Identical Sales without fuel increased 0.5%Operating Profit of $1,294 million; EPS of $1.29Adjusted FIFO Operating Profit of $1,499 million and Adjusted EPS of $1.43Executed its go-to-market strategy to deliver value for customers Grew digital sales more than 8%, with Delivery and Pickup combining for double-digit growth Increased total households, loyal households and customer visits

CINCINNATI,... More