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.
Q1 2020 Earnings Results
Thursday, June 18, 2020 at 10:00 AM ET
Adjusted Net Earnings Per Diluted Share in Q1 2020
First quarter net earnings were $1,212 million, or $1.52 per diluted share. Adjusted net earnings were $972 million, or $1.22 per diluted share. Identical sales, without fuel, were 19.0%. Digital sales grew 92% during the quarter. Under Restock Kroger, we have made significant investments over the last several years to establish a seamless digital ecosystem, strengthen Our Brands and our personalization capabilities, and to enhance product freshness and quality. These investments helped Kroger deliver improved results in 2019, a strong start to the quarter and came to the forefront as we provided our customers with the fresh food and essentials they needed during the pandemic.
$122.3 billion
2019 Total Sales
2.0%
Same - Store Sales growth (without fuel)
45
Distribution Centers
Nearly
500,000
Associates Company-wide
170
Fine Jewelry Stores
2,750
Supermarkets & Multi-Department Stores
493 million
Meals donated through more than 100 Feeding America Food Bank partners
Our brick and mortar locations cover35
States and the District of Columbia
2.2 billion
Kilowatts of electricity saved
1,569
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.
