Kroger Co.
Kroger Reports Strong First Quarter 2026 Results and Reaffirms Full-Year Guidance
Summary
The Kroger Co. reported its first quarter 2026 results, showing identical sales without fuel increased by 1.0% and operating profit of $1,407 million, leading to earnings per share (EPS) of $1.46. Adjusted eCommerce sales grew by 19% and Kroger Precision Marketing profit increased by over 20%. The company also announced a dividend increase from $0.32 to $0.35 per share. Kroger maintained its full-year 2026 guidance, with expectations for identical sales growth of 1.0% to 2.0%, FIFO operating profit between $5.0 billion and $5.2 billion, and EPS between $5.10 and $5.30. CEO Greg Foran emphasized the company's focus on becoming America's best grocer and building a culture of continuous improvement.
Profitelligence Alerts
Get alerts for KR
Be first to know when Kroger Co. files with the SEC.
Filing Categories
Advertisement
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.
Official SEC Documents
Advertisement