Kroger Co.

NYSE:KR   3:59:58 PM EDT
45.44
+1.15 (+2.60%)
Positive Earnings Pre-Announcement

Kroger reports Q2 results

Published: 09/09/2022 12:28 GMT
Kroger Co. (KR) - Kroger Reports Second Quarter 2022 Results and Raises Full-year Guidance.
Q2 Sales $34.6 Billion Versus $31.7 Billion.
Qtrly EPS of $1.00; Adjusted EPS of $0.90.
Qtrly Identical Sales Without Fuel Increased 5.8%.
Qtrly Digital Sales Grew 8%.
Qtrly Excluding Fuel, Sales Increased 5.2% Compared to Same Period Last Year.
Lifo Charge for Quarter Was $148 Million.
Now Expect 2022 Identical Sales Without Fuel to Be in Range of 4.0% to 4.5%.
Sees 2022 Adjusted Net Earnings per Share $3.95 to $4.05.
Sees Adjusted EPS of $3.95 - $4.05 for Full-year 2022.
Q2 Earnings per Share View $0.83, Revenue View $34.53 Billion -- Refinitiv Ibes Data (analyst estimates).
FY Earnings per Share View $3.96, Revenue View $147.96 Billion -- Refinitiv Ibes Data (analyst estimates).
Sees 2022 Cap Ex of $3.4 Billion - $3.6 Billion.
Sees 2022 Free Cash Flow of $2.3 Billion to $2.5 Billion, Which Includes a $300 Million Payment of Deferred Payroll Taxes.
Revenue is expected to be $34.07 Billion
Adjusted EPS is expected to be $0.81

Next Quarter Revenue Guidance is expected to be $35.02 Billion
Next Quarter EPS Guidance is expected to be $0.89

More details on our Analysts Page.