Kroger Co.

NYSE:KR   3:59:58 PM EDT
36.48
+0.59 (+1.64%)
Positive Earnings Pre-Announcement

Kroger Reports Q3 Adjusted Earnings Per Share $0.71

Published: 12/03/2020 13:08 GMT
Kroger Co. (KR) - Kroger Reports Third Quarter 2020 Results and Raises Full-year 2020 Guidance.
Q3 Sales $29.7 Billion Versus Refinitiv Ibes Estimate of $29.97 Billion.
Qtrly EPS of $0.80; Adjusted EPS of $0.71.
Qtrly Identical Sales Without Fuel Grew 10.9%.
For Full Year 2020, We Expect Total Identical Sales Without Fuel to Be Around 14%.
For Full Year 2020, Expect Adjusted EPS Growth of 50% to 53%.
Sees FY2020 Adjusted Earnings per Share $3.30 - $3.35.
Q3 Earnings per Share View $0.67 -- Refinitiv Ibes Data (analyst estimates).
Believe 2021 Performance Will Be Stronger Than We Would Have Expected Prior to Pandemic.
Qtrly Digital Sales Grew 108%.
Sees FY2020 Capex $2.8 Billion - $3.2 Billion.
Revenue is expected to be $39.64 Billion
Adjusted EPS is expected to be $0.98

Next Quarter Revenue Guidance is expected to be $29.8 Billion
Next Quarter EPS Guidance is expected to be $0.55

More details on our Analysts Page.