Categories AlphaGraphs, Consumer, Earnings

KR Earnings: Kroger Q3 2024 adjusted profit rises, meets estimates

The Kroger Co. (NYSE: KR) reported an increase in adjusted earnings for the third quarter of 2024, while the grocery chain’s sales declined modestly. Earnings came in line with Wall Street’s projections.

Kroger Q3 2024 earnings infographic

The Cincinnati-headquartered company reported net sales of $33.6 billion for the October quarter, compared to $34.0 billion last year. Identical sales, without fuel, increased by 2.3%.

Net income, excluding special items, increased to $0.98 per share in the third quarter from $0.95 in the prior-year quarter, matching estimates. On an unadjusted basis, net earnings were $618 million or $0.84 per share in Q3, compared to $646 million or $0.88 per share in Q3 2023.

Prior Performance

  • Kroger Q2 2024 earnings infographic
  • Kroger Q1 2024 earnings infographic
  • Kroger Q4 2023 earnings infographic

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

Important takeaways from Conagra Brands’ Q3 2025 report

Conagra Brands, Inc. (NYSE: CAG) has reported weaker-than-expected revenue and profit for the February quarter, with sales declining across all business segments amid softer demand and persistent supply challenges. The

Main takeaways from Lamb Weston’s (LW) Q3 2025 earnings report

Shares of Lamb Weston Holdings, Inc. (NYSE: LW) jumped 9% on Thursday after the company delivered better-than-expected results for the third quarter of 2025 and reaffirmed its outlook for the

Summary: Tesla (TSLA) reports Q1 2025 production, deliveries

Tesla Inc. (NASDAQ: TSLA) has announced results of vehicle production and deliveries for the first quarter of 2025. The company also provided data on the deployment of energy storage products

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close