Kroger beats earnings expectations, raises sales outlook

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Kroger Reports Second Quarter 2024 Results and Updates Full-Year Identical Sales Without Fuel Guidance

September 12, 2024 8:00 AM EDT

Second Quarter Highlights

Identical Sales without fuel increased 1.2%Operating Profit of $815 million; EPS of $0.64Adjusted FIFO Operating Profit of $984 million and Adjusted EPS of $0.93Achieved strong Adjusted Free Cash FlowExecuted its go-to-market strategy to deliver value for customers Grew digital sales 11%Increased total households, customer visits and loyal households

CINCINNATI, Sept.... More

Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes

September 11, 2024 6:55 PM EDT

CINCINNATI, Sept. 11, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) (the "Company" or "Kroger") announced today that it has extended the expiration date of the previously announced offers to exchange (the "Exchange Offers") any and all outstanding notes (the "ACI Notes") of Albertsons Companies, Inc. (NYSE:... More