
NYSE:KR
This summary was created by AI, based on 2 opinions in the last 12 months.
Kroger Co. is set to release its earnings report on Thursday, and analysts have differing views about the implications of current economic conditions on the company's performance. One expert expresses concern that ongoing inflationary pressures will necessitate higher prices for customers, potentially leading to squeezed profit margins. In contrast, another analyst is optimistic, suggesting that Kroger typically rallies after good earnings reports and that the company has successfully managed to maintain prices for consumers amidst inflation. This juxtaposition of insights highlights the uncertainty surrounding Kroger's financial outlook, with inflation presenting both challenges and opportunities for the grocery giant. As investors await the earnings announcement, the potential impact of operational decisions on margins and market reaction remains a key focus.
EPS of 93c beat estimates of 91c; revenue of $33.91B marginally missed estimates. Kroger appears well-positioned to navigate an increasingly complex consumer-spending environment. Mainstream households led sales growth in fiscal 2Q amid loyal households and increased visits, a trend that could extend in 3Q, aiding same-store sales gains. Volume expansion appears to be slowly improving, buoyed by strategic promotions. Private-label product sales growth outpaced that of national brands, helping bolster gross margin, which the company believes will expand slightly for the full year, yet might be flat in 3Q. Kroger indicated adjusted EPS in 3Q could be slightly stronger than in 4Q. The company noted that e-commerce profitability is improving, boosted by more orders for its delivery network and store pickup. KR lowered its CEO pay by 18% recently, and it does vary on performance. He needs to get by on $15.7 million total compensation this year. Excessive, but at least it varies with performance, and we have seen much worse.
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Kroger Co. is a American stock, trading under the symbol KR (previously KR-N on Stockchase) on the New York Stock Exchange (KR). It is usually referred to as NYSE:KR or KR
In the last year, 3 stock analysts issued a Buy, Sell, or Hold rating on KR (previously KR-N on Stockchase). 2 analysts recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is DON'T BUY. Read the latest stock experts' ratings for Kroger Co..
Kroger Co. was recommended as a Top Pick by Jim Cramer - Mad Money on 2022-02-25. Read the latest stock experts ratings for Kroger Co..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Kroger Co..
Kroger Co. is followed by 60 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-29, Kroger Co. (KR) stock closed at a price of $56.27.
They report Thursday. Given inflation, they have to pass their higher costs onto their customers. This will shrink margins.