Kroger beats earnings expectations, raises sales outlook

Kroger (KR) PT Raised to $52 at Roth/MKM

Roth/MKM analyst Bill Kirk raised the price target on Kroger (NYSE: KR) to $52.00 (from $50.00) while maintaining a Neutral rating.

The analyst comments "Kroger delivered a 2Q beat, but y/y earnings continue to contract. With a revised outlook of higher... More

Kroger (KR) PT Raised to $54 at Jefferies, 'Traffic Momentum Drives IDs, but Sustainability the Question'

Jefferies analyst Rob Dickerson raised the price target on Kroger (NYSE: KR) to $54.00 (from $53.00) while maintaining a Hold rating.

The analyst comments "KR's stock had a strong day post Q2 results as ID sales +1.2% was ~40 bps ahead of cons. and... More

Telsey Reiterates Outperform Rating on Kroger (KR)

Telsey analyst Joseph Feldman reiterated an Outperform rating and $62.00 price target on Kroger (NYSE: KR).

The analyst comments "TAG Thesis: We continue to expect Kroger to benefit from its Leading with Fresh and Accelerating with Digital strategy. Krogers growth and market... More

Evercore ISI Reiterates Outperform Rating on Kroger (KR)

Evercore ISI analyst Michael Montani reiterated an Outperform rating and $62.00 price target on Kroger (NYSE: KR).

The analyst comments "Kroger 2Q results featured positive ID sales (+1.2%) and growing traffic/households with FIFO gross margin (+42bps YoY) driving a 2 cent EPS beat ($0.93 v $0.91). Solid results overall, in light of concerns around a slowing core consumer and rising competitive intensity, in our view. Street EPS likely hovers around its prior $4.44, with the $4.30-$4.50 full year guide reiterated. We believe KRs multiple should improve with ID sales trending higher, the share loss gap narrowing, and... More

Kroger (KR) Tops Q2 EPS by 2c, Offers Guidance

Kroger (NYSE: KR) reported Q2 EPS of $0.93, $0.02 better than the analyst estimate of $0.91. Revenue for the quarter came in at $33.91 billion versus the consensus estimate of $34.08 billion.

GUIDANCE:

Kroger sees FY2025 EPS of $4.30-$4.50, versus the consensus of $4.43.

For earnings history and earnings-related data on Kroger (KR) click here.

Kroger (KR) September 13 weekly 52 straddle into quarter results

Kroger (NYSE: KR) September 13 weekly 52 straddle priced for a move of 6% into the expected release of quarter results today before the bell.

Kroger (KR) call put ratio 2.2 calls to 1 put with a focus on October 55 calls

Kroger (NYSE: KR) September 13 weekly call option implied volatility is at 98, September is at 52; compared to its 52-week range of 16 to 34 into the expected release of quarter results before the bell on September 12. Call put ratio 2.2 calls to 1 put with a focus on October 55 calls.

Kroger (KR) call put ratio 2 calls to 1 put into quarter results

Kroger (NYSE: KR) September 13 weekly 52 straddle priced for a move of 6% into the expected release of quarter results before the bell on September 12. Call put ratio 2 calls to 1 put.