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Form 8-K · Current Report · Filed 2024-12-05

Kroger Reports Q3 2024 Results and Updates Guidance

The Kroger Co. announced its third quarter 2024 results, showing a slight decline in sales but improved operating profit and adjusted EPS. The company also narrowed its full-year guidance range, reflecting confidence in its performance. Key highlights include a 2.3% increase in identical sales without fuel, an operating profit of $828 million, and an adjusted EPS of $0.98. Kroger continues to focus on its strategic initiatives and remains committed to delivering value to its customers.

Filer
Kroger Co. KR · NYSE
Filed
Accession
0001104659-24-125772
CIK
0000056873
Signal
Low impactConsumer Defensive

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$59.91

Next session

-1.1%

Since filing

-3.6%

Latest close

$57.74

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from KR reporting the same item, with the next session's move:

Exhibits (1)

About Kroger Co.

Kroger Co., a leading grocery retailer in the United States, operates a vast chain of supermarkets and multi-department stores. With its origins tracing back to 1883, Kroger has grown to become one of the largest retail companies worldwide. The primary function of Kroger is to provide a wide range of food and grocery items, along with other essential goods and pharmacy services, to consumers across the nation. Known for its strong private label brands, Kroger offers products that cater to diverse dietary preferences and budgets. The company plays a pivotal role in the retail sector by maintaining an extensive supply chain network, which is crucial for ensuring food security and accessibility in numerous communities. In addition to its retail operations, Kroger is at the forefront of sustainability initiatives, incorporating environmentally responsible practices and focusing on reducing food waste. Its impact extends beyond groceries, influencing industries such as agriculture, transportation, and logistics, further underscoring its significance in the financial market.

Exchange NYSE Industry Grocery Stores Company website ↗

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