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.
Kroger (NYSE: KR), which operates retail food and drug stores, multi-department stores, jewelry outlets, and convenience stores across the United States, is set to announce its fiscal first-quarter earnings on Friday, June 20, 2025. Analysts anticipate earnings of $1.46 per share on $45.3 billion in revenue.
Susan Morris seeks to cut costs and hold down prices after a court blocked the supermarket chains' megamerger.
Beyond analysts' top -and-bottom-line estimates for Kroger (KR), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended April 2025.
In the most recent trading session, Kroger (KR) closed at $64.62, indicating a -1.24% shift from the previous trading day.
In the most recent trading session, Kroger (KR) closed at $68.20, indicating a -0.04% shift from the previous trading day.
Grocery store giant Kroger Co (NYSE:KR) has been steadily chopping higher on the charts for almost a year now.