Kroger Co.

NYSE:KR   3:40:03 PM EDT
37.50
+0.30 (+0.81%)
Share Repurchases, Other Pre-Announcement

Kroger Reports Qtrly Adjusted Eps Of $0.73

Published: 09/11/2020 12:48 GMT
Kroger Co. (KR) - Kroger Reports Second Quarter 2020 Results and Updates Full-year 2020 Guidance.
Q2 Sales $30.5 Billion Versus Refinitiv Ibes Estimate of $29.95 Billion.
Qtrly EPS of $1.03.
Qtrly Identical Sales Without Fuel Grew 14.6%.
Qtrly Adjusted EPS of $0.73.
Qtrly Digital Sales Grew 127%.
For Full Year 2020, We Expect Total Identical Sales Without Fuel to Exceed 13%.
Q2 Earnings per Share View $0.55 -- Refinitiv Ibes Data (analyst estimates).
For Full Year 2020 Expect to Achieve Adjusted EPS Growth of Approximately 45% to 50%.
Board of Directors Authorized a $1 Billion Share Repurchase Program, Replacing Prior Authorization.
Sees FY 2020 Adjusted EPS of $3.20 to $3.30.
Sees FY 2020 Capex of $3.0 Billion to $3.4 Billion.