Kroger Q1 EPS rises to $1.46 from $1.29; 2026 guidance reaffirmed
Kroger reported first quarter 2026 results on June 18, 2026, with diluted EPS of $1.46, up from $1.29 a year earlier, and operating profit of $1,407 million, up from $1,322 million. The company reaffirmed its full-year 2026 guidance, including FIFO operating profit of $5.0 to $5.2 billion and EPS of $5.10 to $5.30, but identical sales without fuel grew only 1.0%, down from 3.2%.
- Diluted EPS $1.46 vs. $1.29; adjusted EPS $1.58 vs. $1.49
- Sales $46.1 billion vs. $45.1 billion; gross margin 22.7% vs. 23.0%
- Identical sales without fuel rose 1.0% vs. 3.2% a year earlier
- Full-year 2026 guidance reaffirmed; $2 billion share repurchase expected to be completed by end of fiscal 2026