AI brief of an SEC Form 8-K · Kroger (KR)
Kroger Sets 2029 Targets, Reaffirms 2026 Guidance at Investor Update
Kroger outlined a multi-year plan called Build America's Favorite Grocer and set new long-term financial targets through 2029, including 3%-6% adjusted EBITDA growth and 7%-11% adjusted net EPS growth for FY2027 through FY2029, excluding the pending Giant Eagle acquisition. The company reaffirmed its full-year 2026 guidance from its second quarter earnings, and replaced its prior 8%-11% total shareholder return target with the EPS-only target.
Key points
- Targets approximately 3% comparable sales growth in 2029, excluding fuel and pharmacy
- Targets 3%-6% adjusted EBITDA CAGR and 7%-11% adjusted net EPS CAGR for FY2027 through FY2029
- Reaffirms 2026 full-year guidance provided at second quarter earnings
- New EPS target replaces prior 8%-11% total shareholder return target, which included dividend yield
The filing
CompanyKroger (KR)
Form8-K, current report
Filed with the SECOct 20, 2026, 6:56 AM ET
Accession number0001104659-26-117103
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.