Kroger's Mixed Q2 Bag: Steady Sales, Earnings Beat, Revised

Sep 12, 2024 · Kroger's Q2 EPS of 93 cents surpasses estimates, while quarterly sales slightly miss consensus. Kroger revises FY24 identical sales forecast to 0.75%-1.75% range and …

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Kroger's Mixed Q2 Bag: Steady Sales, Earnings Beat, Revised

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Sep 12, 2024 · Kroger's Q2 EPS of 93 cents surpasses estimates, while quarterly sales slightly miss consensus. Kroger revises FY24 identical sales forecast to 0.75%-1.75% range and …

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The Kroger Co. - Kroger Reports Second Quarter 2022 Results And …

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Sep 9, 2022 · Second Quarter Highlights • Identical Sales without fuel increased 5.8% • Operating Profit of $954 million; Adjusted FIFO Operating Profit of $1,110 million • EPS of $1.00; …

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Kroger's Mixed Q2 Bag: Steady Sales, Earnings Beat, Revised …

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Sep 12, 2024 · Kroger Company NYSE:KR reported second-quarter adjusted earnings per share of 93 cents, beating the analyst consensus estimate of 91 cents.Quarterly sales of $33.912 …

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The Kroger Co. - Kroger Reports Strong Second Quarter Results …

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Sep 10, 2021 · Second Quarter Highlights - Identical Sales without fuel decreased 0.6%; two-year stack increased 14.0% - Digital Sales two-year stack grew 114% - EPS of $0.61; Adjusted …

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The Kroger Co. - Kroger Reports Third Quarter 2022 Results And …

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Dec 1, 2022 · Third Quarter Highlights Identical Sales without fuel increased 6.9% Operating Profit of $841 million; Adjusted FIFO Operating Profit of $1,094 million EPS of $0.55; Adjusted …

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Kroger Reports Second Quarter 2024 Results And Updates Full …

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Gross margin was 22.6% of sales for the second quarter. The FIFO gross margin rate, excluding fuel, increased 42 basis point s compared to the same period last year. This result reflected …

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FAQs about Kroger's Mixed Q2 Bag: Steady Sales, Earnings Beat, Revised Coupon?

How did Kroger's performance compare to last year?

Quarterly sales of $33.912 billion (nearly flat year over year) missed the street view of $34.090 billion. Excluding fuel, sales increased 1.3% compared to the same period last year. Kroger’s results show a 1.2% increase in identical sales excluding fuel, an operating profit of $815 million, and an adjusted FIFO operating profit of $984 million. ...

How did Kroger perform in fiscal 2024?

Kroger maintained its fiscal 2024 adjusted earnings guidance of $4.30 to $4.50 per share compared with adjusted earnings of $4.76 reported in fiscal 2023. Management continues to anticipate the adjusted FIFO operating profit in the band of $4.6-$4.8 billion compared with $5 billion reported in fiscal 2023. ...

How did Kroger perform in the second quarter?

"Kroger achieved solid results in the second quarter demonstrating the strength and resiliency of our model. We are growing households and increasing customer visits by offering a compelling combination of affordable prices and personalized promotions on great quality products, all through a unique seamless experience. ...

Does Kroger make a profit?

Kroger’s results show a 1.2% increase in identical sales excluding fuel, an operating profit of $815 million, and an adjusted FIFO operating profit of $984 million. “We are gr ...

How much free cash flow will Kroger generate In fiscal 2024?

The company guided capital expenditures in the band of $3.6-$3.8 billion and expects to generate adjusted free cash flow between $2.5 billion and $2.7 billion in fiscal 2024. Kroger maintained its fiscal 2024 adjusted earnings guidance of $4.30 to $4.50 per share compared with adjusted earnings of $4.76 reported in fiscal 2023. ...

When is a Kroger supermarket identical?

Kroger defines a supermarket as identical when it has been in operation without expansion or relocation for five full quarters. Table 5. Reconciliation of Net Total Debt and Net Earnings Attributable to The Kroger Co. to Adjusted EBITDA ...