Kroger Reports First Quarter 2024 Results and Reaffirms Guidance

Jun 20, 2024 · The Kroger Co. (NYSE: KR) today reported its first quarter 2024 results, reaffirmed guidance and updated investors on how Leading with Fresh and Accelerating with Digital …

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The Kroger Co. - Kroger Delivers Strong First Quarter Results And ...

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Jun 17, 2021 · First Quarter Highlights - Identical Sales without fuel decreased 4.1%; two-year stack increased 14.9% - Digital sales grew 16%; two-year stack grew 108% - EPS of $0.18; …

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Kroger (NYSE:KR) Sees Large Volume Increase - Still A Buy?

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4 days ago · Kroger had a net margin of 1.85% and a return on equity of 27.73%. The firm's quarterly revenue was down 1.0% compared to the same quarter last year. During the same …

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Kroger Narrows FY24 Outlook As Q3 Total Sales Drop Slightly

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Dec 6, 2024 · The retailer’s identical sales without fuel also grew by 2.3%, marking a turnaround from a decline of 0.6% in the same quarter of the previous year. Net earnings for Kroger stood …

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The FTC Ruling Killed The Kroger-Albertsons Merger. What's Next ...

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5 days ago · Kroger’s digital sales rose 11% last quarter while delivery sales jumped 18%. Same-store sales growth beat expectations last quarter. Kroger’s store-brand sales grew faster than …

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Kroger Delivers Strong First Quarter Results And Raises Full-Year …

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Jun 17, 2021 · Kroger Delivers Strong First Quarter Results and Raises Full-Year 2021 Guidance First Quarter Highlights - Identical Sales without fuel decreased 4.1%; two-year stack …

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Kroger Reports First Quarter 2024 Results And

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o Grew digital sales more than 8%, with Delivery and Pickup combining for double-digit growth o Increased total households, loyal households and customer visits CINCINNATI, June 20, 2024 …

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Up to 4% cash back · Kroger Grocery Store Locations. Kroger has 1243 grocery stores in 16 states. Each location offers everything from grocery staples to household supplies, healthy …

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Up to 4% cash back · Use your zip code or current location to find a Kroger Grocery Store, Fuel Center or Pharmacy near you. Filter results by a list of store features.

FAQs about Kroger Reports First Quarter 2024 Results and Reaffirms Guidance Coupon?

How did Kroger perform in fiscal 2024?

The Kroger Co. KR delivered impressive first-quarter fiscal 2024 results, with both the top and bottom lines surpassing the Zacks Consensus Estimate. The company also reported a year-over-year increase in identical sales without fuel. ...

What happened in Kroger's first quarter 2024?

To learn more about us, visit our newsroom and investor relations site. Kroger's first quarter 2024 ended on May 25, 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. ...

Is Kroger off to a solid start in 2024?

Comments from Chairman and CEO Rodney McMullen "Kroger is off to a solid start in 2024 led by better-than-expected performance of our grocery business. Kroger is delivering exceptional value at a time when many customers need it more than ever, by providing affordable prices with personalized promotions. ...

How did Kroger perform in the first quarter?

During the quarter, Kroger repurchased $665 million shares and as of the end of the first quarter, $301 million remains on the board authorization announced on December 30, 2021. "Our relentless focus on executing our strategy and sustained food at home trends led to a strong first quarter. ...

Is Kroger poised for long-term sustainable growth?

CINCINNATI, June 20, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today reported its first 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 ...

Will Kroger's FIFO operating profit increase in fiscal 2024?

Kroger reiterated its expectation for identical sales without fuel to increase between 0.25% and 1.75% in fiscal 2024. 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. ...