The Kroger Co. - Kroger Reports Second Quarter 2024 Results and …

Sep 12, 2024 · The Kroger Co. (NYSE: KR) today reported its second quarter 2024 results, reaffirmed guidance and updated investors on how Leading with Fresh and Accelerating with …

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Kroger's Q2 Performance Shows Resilience Amid Inflation And Pend

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Sep 12, 2024 · Kroger (KR, Financial) is seeing a 5% uptick today after reporting a solid bottom-line beat for Q2 (Jul), despite nearly flat year-over-year revenue growth.The grocery chain, …

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

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Sep 12, 2024 · 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 …

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KR Earnings: Kroger Surpasses Q2 Earnings Estimates

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Sep 12, 2024 · The Kroger Co. (KR) reported better-than-expected results for the second quarter. The supermarket operator reported adjusted earnings of $0.93 per share in Q2, down from …

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Kroger: Shrink Is Down In Q2 As Grocer Prepares For Albertsons …

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Sep 12, 2024 · Kroger reported earnings 93 cents per share on $33.91 billion in revenue for the quarter. Kroger. As Cincinnati, Ohio-based Kroger nears the end of its antitrust case this week, …

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FAQs about The Kroger Co. - Kroger Reports Second Quarter 2024 Results and … 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. ...

Will Kroger's Q2 earnings boost its stock?

As Cincinnati, Ohio-based Kroger nears the end of its antitrust case this week, the grocer reported better-than expected results in its Q2 earnings report, which gave its stock value a boost on Thursday morning. Kroger reported earnings 93 cents per share on $33.91 billion in revenue for the quarter. ...

Is Kroger poised for long-term sustainable growth?

CINCINNATI, Sept. 12, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today reported its second quarter 2024 results, reaffirmed guidance and updated investors on how Leading with Fresh and Accelerating with Digital continues to position Kroger for long-term sustainable growth. Comments from Chairman and CEO Rodney McMullen ...

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. ...

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. ...

What happened in Kroger's second quarter 2024?

To learn more about us, visit our newsroom and investor relations site. Kroger's second quarter 2024 ended on August 17, 2024. Note: Fuel sales have historically had a low gross margin rate and operating expense rate as compared to corresponding rates on non-fuel sales. ...