Kroger Co.

NYSE:KR   3:59:58 PM EDT
48.11
-0.32 (-0.66%)
Positive Earnings Pre-Announcement

Kroger Reports First Quarter 2022 Results And Raises Full-Year Guidance

Published: 06/16/2022 12:07 GMT
Kroger Co. (KR) - Kroger Reports First Quarter 2022 Results and Raises Full-year Guidance.
Q1 Sales $44.6 Billion Versus $41.3 Billion.
Qtrly EPS of $0.90; Adjusted EPS of $1.45.
Now Expect Identical Sales Without Fuel to Be in Range of 2.5% to 3.5%, Adjusted Fifo Operating Profit of $4.3 Billion to $4.4 Billion in 2022.
Sees Adjusted Net Earnings per Diluted Share to Be in Range of $3.85 to $3.95 in 2022.
Qtrly Identical Sales Without Fuel Increased 4.1%.
Sees FYadjusted Net Earnings per Diluted Share to Be in Range of $3.85 to $3.95.
Q1 Earnings per Share View $1.30, Revenue View $44.35 Billion -- Refinitiv Ibes Data (analyst estimates).
FY Earnings per Share View $3.85 -- Refinitiv Ibes Data (analyst estimates).
Sees Adjusted Cap Ex $3.8 Billion - $4.0 Billion in 2022.
Revenue is expected to be $34.1 Billion
Adjusted EPS is expected to be $0.78

Next Quarter Revenue Guidance is expected to be $33.86 Billion
Next Quarter EPS Guidance is expected to be $0.78

More details on our Analysts Page.