Kroger Q1 Adjusted EPS Slightly Misses Estimates Despite Revenue Beat
KR is trading near its 52-week low of $58.6 (6.7% above the low) on elevated volume (2.1× avg).
Summary
Kroger reported Q1 adjusted EPS of $1.58, slightly missing analyst estimates of $1.59. However, the company's Q1 revenue of $46.12 billion beat expectations. Identical sales excluding fuel grew 1.0%, and Kroger maintained its full-year 2026 guidance for identical sales and EPS. Gross margin declined due to higher transportation costs and price investments, partially offset by favorable pharmacy mix and improved eCommerce profitability. This earnings report provides a mixed picture of the company's recent performance.
At the time of this announcement, KR was trading at $62.50 on NYSE in the Trade & Services sector, with a market capitalization of approximately $38.1B. The 52-week trading range was $58.60 to $76.58. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Reuters.