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
DG Earnings Preview: What to look for when Dollar General reports Q3 results
Discount store chain Dollar General Corporation (NYSE: DG) will be reporting third-quarter results next week. Operating nearly 20,000 stores across the US, it is one of the largest supermarket chains
Dollar Tree (DLTR): A few points to note about the discount retailer’s Q3 performance
Shares of Dollar Tree, Inc. (NASDAQ: DLTR) were up over 1% on Thursday. The stock has dropped 13% year-to-date. The discount retailer delivered third-quarter 2023 earnings results that did not
KR Earnings: Key quarterly highlights from Kroger’s Q3 2023 financial results
The Kroger Co. (NYSE: KR) reported its third quarter 2023 earnings results today. Total company sales were $34 billion compared to $34.2 billion for the same period last year. Identical sales
