The Kroger Co. (NYSE: KR) reported fourth quarter 2021 earnings results today. Total company sales were $33 billion compared to $30.7 billion for the same period a year ago. Excluding fuel, total company sales rose 3.7% year-over-year. Identical sales, excluding fuel, increased 4%. Net earnings attributable to the Kroger Co. was $566 million, or $0.75 […]
“The Kroger Co. (NYSE: KR) reported fourth quarter 2021 earnings results today. Total company sales were $33 billion compared to $30.7 billion for the same period a year ago. Excluding fuel, total company sales rose 3.7% year-over-year. Identical sales, excluding fuel, increased 4%. Net earnings attributable to the Kroger Co. was $566 million, or $0.75 […]
· March 3, 2022
The Kroger Co. (NYSE: KR) reported fourth quarter 2021 earnings results today.
Total company sales were $33 billion compared to $30.7 billion for the same period a year ago. Excluding fuel, total company sales rose 3.7% year-over-year. Identical sales, excluding fuel, increased 4%.
Net earnings attributable to the Kroger Co. was $566 million, or $0.75 per share, compared to a net loss of $77 million, or $0.10 per share, in the year-ago quarter. Adjusted EPS was $0.91.
Both the top and bottom line numbers beat estimates.
For the full year of 2022, adjusted EPS is expected to be $3.75-3.85.
