| --- | --- | --- | |-----------------------------------------------------|-------|-------| | | | | | | | | | | | | | Kroger Q2 2024 Earnings Release September 12, 2024 | | | | | | | Safe Harbor This presentation includes certain statements that constitute "forward-looking statements" about Kroger's financial position and expected performance, including our proposed transaction with Albertsons Companies. These statements are based on management's assumptions and beliefs in light of currently available infor ...

The Kroger Co. (KR) reported second-quarter fiscal 2024 results, with sales falling short of the Zacks Consensus Estimate and earnings beating the same. Although revenues grew year over year, earnings declined compared to the same period last year. Decent sales performance in the first two quarters gave management confidence to lift the lower end of the full-year identical sales without fuel view by 50 basis points.Kroger's well-defined customer segmentation strategy, emphasis on value and focus on its 'Our ...

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining more than 50 points on Thursday.The Dow traded down 0.11% to 40,814.73 while the NASDAQ rose 0.33% to 17,453.69. The S&P 500 also rose, gaining, 0.13% to 5,561.28.Check This Out: Wall Street’s Most Accurate Analysts Give Their Take On 3 Materials Stocks Delivering High-Dividend YieldsLeading and Lagging SectorsCommunication services shares rose by 1.2% on Thursday.In trading on Thursday, real estate shares dipped by 0.6%.Top ...

Key TakeawaysKroger shares surged Thursday after the supermarket chain better-than-expected adjusted profit for the second quarter.Diluted EPS and revenue missed analysts' consensus estimates.CEO Rodney McMullen said the chain is "confident in the facts and the strength of our position" as it fights the FTC's legal challenges to its $24.6 billion merger with Albertsons. Kroger (KR) shares surged Thursday after it better-than-expected adjusted profit for the second quarter. The supermarket chain posted adjus ...

Kroger (KR) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.96 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 1.09%. A quarter ago, it was expected that this supermarket chain would post earnings of $1.33 per share when it actually produced earnings of $1.43, delivering a surprise of 7.52%. Over the last four quarters, the company ha ...

Exhibit 99.1 Kroger Reports Second Quarter 2024 Results and Updates Full-Year Identical Sales Without Fuel Guidance Second Quarter Highlights · Identical Sales without fuel increased 1.2% · Operating Profit of $815 million; EPS of $0.64 · Adjusted FIFO Operating Profit of $984 million and Adjusted EPS of $0.93 · Achieved strong Adjusted Free Cash Flow · Executed its go-to-market strategy to deliver value for customers o Grew digital sales 11% o Increased total households, customer visits and loyal household ...

Second Quarter Highlights Identical Sales without fuel increased 1.2%Operating Profit of $815 million; EPS of $0.64Adjusted FIFO Operating Profit of $984 million and Adjusted EPS of $0.93Achieved strong Adjusted Free Cash FlowExecuted its go-to-market strategy to deliver value for customers Grew digital sales 11%Increased total households, customer visits and loyal households CINCINNATI, Sept. 12, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today reported its second quarter 2024 results, reaffirmed guida ...

CINCINNATI, Sept. 11, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) (the "Company" or "Kroger") announced today that it has extended the expiration date of the previously announced offers to exchange (the "Exchange Offers") any and all outstanding notes (the "ACI Notes") of Albertsons Companies, Inc. (NYSE:ACI) ("ACI"), New Albertsons, L.P. ("NALP"), Safeway Inc. ("Safeway"), Albertson's LLC ("Albertsons"), Albertsons Safeway LLC ("ASL") and American Stores Company, LLC ("ASC"), as applicable, for up to $7, ...

HOUSTON, TEXAS - SEPTEMBER 09: A customer exits a Kroger grocery store on September 09, 2022 in ... [+] Houston, Texas. Kroger stock increased six percent as the company surpassed profit and sales expectations. (Photo by Brandon Bell/Getty Images) Getty Images Kroger is scheduled to report earnings before Thursday's open. The stock hit a record high of $62.78/share in 2022 and is currently trading near $52. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are str ...

The Kroger Co. KR will release earnings results for its second quarter, before the opening bell on Thursday, Sept. 12.Analysts expect the Cincinnati, Ohio-based company to report quarterly earnings at 91 cents per share, down from 96 cents per share. Kroger projects to report quarterly revenue of $34.09 billion for the quarter, according to data from Benzinga Pro.On Aug. 20, Kroger reported the pricing of $10.5 billion of senior notes.Kroger shares rose 0.6% to close at $52.30 on Tuesday.Benzinga readers ca ...