KR tops Q1 earnings estimates as e-commerce sales jump 15% and strength in fresh, pharmacy and digital lifts outlook.
The chain, which operates more than 1,200 stores, said it took on a $100 million impairment charge related to the planned closures in the first quarter.
Kroger's NYSE: KR stock price entered an uptrend in early 2024 when it became clear it would emerge from the Albertsons merger talks a winner, regardless of how they turned out. Now, months later, the company is moving forward, growing, generating solid cash flows, and returning capital to shareholders like mad.
Major U.S. equities indexes were mixed on the day after the Juneteenth holiday, wrapping up the shortened trading week. The fighting between Israel and Iran remained in focus as President Donald Trump pointed to a two-week time frame for a decision on potential U.S. involvement in the conflict.
The Kroger Co.'s Q1 FY25 results showed accelerating growth in pharmacy, eCommerce, and fresh categories, supporting my Buy rating with a fair value of $80 per share. Management's focus on digital and fresh categories, alongside operational efficiencies, is driving improved same-store sales and margin expansion. Despite losing market share to Costco and Walmart, Kroger's investments in e-commerce and logistics are starting to yield results, with digital sales up 10% in FY24.
The Kroger Co. (NYSE:KR ) Q1 2025 Earnings Conference Call June 19, 2025 10:00 AM ET Company Participants David John Christopher Kennerley - Executive VP & CFO Robinson C. Quast - Vice President of Investor Relations Ronald L.
With consumers still facing uncertainty over tariffs and the overall economic environment, many are choosing to dine at home rather than eat out, according to supermarket giant Kroger Co.
Kroger is well-positioned amid tightening consumer spending, with private labels offering value and supporting steady performance in an uncertain market environment. Private labels drive higher margins and customer loyalty, making Kroger resilient during economic slowdowns and potentially building a durable customer base. Kroger's valuation remains reasonable compared to peers, and its historical performance during recessions suggests stability and potential for long-term gains.
Kroger Co (NYSE:KR, ETR:KOG) shares jumped 7% at market open Friday after the company raised its full-year same-store sales forecast and posted mixed first-quarter results. The grocery giant faces growing competition from Walmart and Costco, but showed resilience with adjusted earnings per share of $1.49, beating Wall Street expectations of $1.45.
Kroger (KR) came out with quarterly earnings of $1.49 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $1.43 per share a year ago.
Kroger (KR) reported fiscal first-quarter profits and identical sales growth that came in above analysts' projections Friday, but revenue fell short.
KR gears up for Q1 results with modest sales growth, steady EPS estimates and lingering macroeconomic headwinds.