The Kroger Co. (NYSE:KR) reported second quarter 2020 earnings results today.
Total company sales were $30.5 billion compared to $28.2 billion for the same period last year. Excluding fuel, sales grew 13.9%. Digital sales grew 127%.
Net earnings attributable to Kroger was $819 million, or $1.03 per share, compared to $297 million, or $0.37 per share, in the year-ago period. Adjusted EPS increased 66% to $0.73.
Kroger updated its guidance for full-year 2020. Due to the prevailing uncertainty, the company is providing a wider guidance range. Total identical sales, excluding fuel, is expected to exceed 13%. Adjusted EPS is expected to grow around 45-50% to $3.20-3.30.
Past Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
