Investor Relations
The Kroger Co. (NYSE: KR), headquartered in Cincinnati, OH, is one of the world's largest food retailers, with fiscal 2019 sales of $122.3B.
Q4 2019 Earnings Results
Thursday, March 5, 2020 at 10:00 AM ET
Per Diluted Share in Q4 2019
Fourth quarter net earnings were $327 million, or $0.40 per diluted share. Adjusted net earnings were $462 million, or $0.57 per diluted share. Identical sales, without fuel, were 2.0%. Digital sales grew 22% during the quarter. Full year net earnings were $1,659 million, or $2.04 per diluted share. Adjusted net earnings were $1,786 million, or $2.19 per diluted share. We delivered on our commitments for ID sales without fuel, adjusted FIFO operating profit, and cost savings in addition to generating over $100 million of incremental operating profit through alternative profit streams in 2019. We also delivered strong adjusted free cash flow during the year, consistent with the total shareholder return model outlined at our Investor Day.
$122.3 billion
2019 Total Sales
2.0%
Same - Store Sales growth (without fuel)
45
Distribution Centers
Nearly
500,000
Associates Company-wide
242
Fine Jewelry Stores
2,757
Supermarkets & Multi-Department Stores
316 million
Meals donated through more than 100 Feeding America Food Bank partners
Our brick and mortar locations cover35
States and the District of Columbia
1.6 billion
Kilowatts of electricity saved
1,567
Supermarket Fuel Centers
Almost262 million
Prescriptions filled
35
Food Production Plants
#ZeroHungerZeroWaste
Kroger’s #ZeroHungerZeroWaste plan includes bold commitments that reflect our Purpose: to Feed the Human Spirit. We are counting on our associates, customers, partners and other stakeholders to help shape innovative solutions and scalable best practices as our work evolves. Because when it comes to hunger and waste, zero is the only acceptable answer.
