Form 8-K · Current Report · Filed 2025-03-06
Kroger Reports Fourth Quarter and Full Year 2024 Results
The Kroger Co. announced its financial results for the fourth quarter and full year of 2024, reporting an increase in identical sales excluding fuel by 2.4% and 1.5% respectively. Operating profit and adjusted FIFO operating profit also showed growth. The company reported earnings per share of $0.90 for the fourth quarter and $3.67 for the full year, which were below the previous year's figures. Kroger also provided guidance for 2025, expecting continued growth and a strong balance sheet. Additionally, the company initiated a $5.0 billion share repurchase program.
- Filer
- Kroger Co. KR · NYSE
- Filed
- Accession
- 0001104659-25-021187
- CIK
- 0000056873
- Signal
- High impactConsumer Defensive
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$62.53
Next session
+6.7%
Since filing
-7.7%
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.
Never miss another KR filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.