Categories AlphaGraphs, Earnings, Retail
Infographic: Kroger (KR) Q1 sales, earnings rise and beat estimates
Department store chain The Kroger Co. (NYSE: KR) reported strong growth in first-quarter sales and earnings. The company also provided full-year guidance.
Net earnings attributable to the company, on an adjusted basis, increased to $1.45 per share in the April quarter from $1.19 per share a year earlier, surpassing the consensus estimates. First-quarter unadjusted profit rose to $664 million or $0.90 per share from $140 million or $0.18 per share in the same period of last year.
The bottom-line growth was driven by an 8% increase in net sales to $44.6 billion. Analysts had predicted a slightly slower growth. The company also provided guidance for the full fiscal year.
Check this space to read management/analysts’ comments on Kroger’s Q1 2022 earnings
“Looking ahead, we are well-positioned to continue delivering for our customers, investing in our associates, and driving sustainable returns for shareholders,” said Kroger’s CEO Rodney McMullen.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
