Kroger Co.

NYSE:KR   11:43:55 AM EDT
41.87
-0.05 (-0.12%)
Positive Earnings Pre-Announcement

Kroger Posts Q1 Sales Of $41.3 bln

Published: 06/17/2021 12:15 GMT
Kroger Co. (KR) - Kroger Delivers Strong First Quarter Results and Raises Full-year 2021 Guidance.
Q1 Sales $41.3 Billion Versus Refinitiv Ibes Estimate of $39.78 Billion.
Qtrly EPS of $0.18; Adjusted EPS of $1.19.
Qtrly Identical Sales Without Fuel Decreased 4.1%.
Qtrly Digital Sales Grew 16%; Two-year Stack Grew 108%.
Board of Directors Approves New $1 Billion Share Repurchase Program.
Q1 Earnings per Share View $1.01 -- Refinitiv Ibes Data (analyst estimates).
Sees FY 2021 Adjusted Identical Sales Down 4.0% - Down 2.5%.
Sees FY 2021 Adjusted EPS $2.95 - $3.10.
Sees FY 2021 Adjusted Capex $3.4 Billion - $3.6 Billion.
Expect Two-year Identical Sales Stack to Be Up in Range of 10.1% to 11.6%.
FY2021 Earnings per Share View $3.36 -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $30.58 Billion
Adjusted EPS is expected to be $0.63

Next Quarter Revenue Guidance is expected to be $30.03 Billion
Next Quarter EPS Guidance is expected to be $0.59

More details on our Analysts Page.