Categories Earnings, Retail

Kroger (NYSE: KR): Q3 2019 Earnings Snapshot

— The Kroger Co. (NYSE: KR) reported its third-quarter 2019 adjusted earnings of $0.47 per share versus $0.49 per share expected.

— Net sales rose by 0.7% to $28 billion versus $28.18 billion expected. Excluding fuel and dispositions, sales grew 2.7%. Identical Sales without fuel grew 2.5% and digital sales grew 21%.

Kroger (KR) Q3 2019 Earnings Snapshot

— The FIFO gross margin rate, excluding fuel, a decrease of 24 basis points was primarily driven by industry-wide lower gross margin rates in pharmacy and continued growth in the specialty pharmacy business.

— Looking ahead into fiscal 2019, the company lowered its GAAP EPS guidance to the range of $2.17-2.27 from the previous range of $2.30-2.40.

— Adjusted EPS is still expected to be in the range of $2.15-2.25 for fiscal 2019. This is compared to the consensus estimates of $2.20.

— Operating profit outlook is lowered to the range of $2.4-2.5 billion from the prior range of $2.8-2.9 billion while adjusted operating profit is still predicted to be $2.9-3 billion for the full year.

— Capital expenditures are still anticipated to be in the range of $3-3.2 billion for fiscal 2019.

— For fiscal 2020, the company predicts an adjusted EPS of $2.30-2.40. This is compared to the consensus estimates of $2.33.

We’re on Apple News! Follow us to receive the latest stock market, earnings, and financial news at your fingertips

Most Popular

BIIB Earnings: Biogen Q1 2024 adj. earnings rise despite lower revenues

Biotechnology firm Biogen Inc. (NASDAQ: BIIB) Wednesday reported an increase in adjusted profit for the first quarter of 2024, despite a decline in revenues. Total revenue declined 7% year-over-year to

Hasbro (HAS) Q1 2024 Earnings: Key financials and quarterly highlights

Hasbro, Inc. (NASDAQ: HAS) reported first quarter 2024 earnings results today. Revenues decreased 24% year-over-year to $757.3 million. Net earnings attributable to Hasbro, Inc. were $58.2 million, or $0.42 per

BA Earnings: Highlights of Boeing’s Q1 2024 financial results

The Boeing Company (NYSE: BA) on Wednesday announced financial results for the first quarter of 2024, reporting a narrower net loss, on an adjusted basis. Revenues dropped 8%. Core loss,


  1. Pingback: madridbet
  2. Pingback: ivermectin virus
  3. Pingback: iver mectin
  4. Pingback: stromectol canada
  5. Pingback: child porn
  6. Pingback: buy ivermectin
  7. Pingback: ivermectin 1
  8. Pingback: bahis siteleri
  9. Pingback: 2matthew
  10. Pingback: ivermectin 10 mg
  11. Pingback: grandpashabet
  12. Pingback: sikiş
  13. Pingback: madridbet
  14. Pingback: porn
  15. Pingback: meritking giriş
  16. Pingback: meritking
  17. Pingback: child porn
  18. Pingback: grandpashabet
  19. Pingback: meritking
  20. Pingback: izmir escort
  21. Pingback: fuck google
  22. Pingback: child porn
  23. Pingback: fuck google
  24. Pingback: porn
  25. Pingback: porn
  26. Pingback: sex
  27. Pingback: porn
  28. Pingback: çeşme transfer
  29. Pingback: hd porno izle
  30. Pingback: izmir travesti
  31. Pingback: sikiş
  32. Pingback: yasam ayavefe
  33. Pingback: grandpashabet
  34. Pingback: grandpashabet
  35. Pingback: grandpashabet
  36. Pingback: child porn
  37. Pingback: cratosroyalbet
  38. Pingback:
  39. Pingback: porn
  40. Pingback: child porn
  41. Pingback: child porn

Comments are closed.

Add Comment
Viewing Highlight