Investor Relations

The Kroger Co. (NYSE: KR), headquartered in Cincinnati, OH, is one of the world's largest food retailers, with fiscal 2018 sales of $121.2B.

Q3 2019 Earnings Results

Webcast

Thursday, December 5, 2019 at 10:00 AM ET

$0.47

Per Diluted Share in Q3 2019

Third quarter net earnings were $263 million, or $0.32 per diluted share. Adjusted net earnings were $381 million, or $0.47 per diluted share. Identical sales, without fuel, were 2.5%. Digital sales grew 21% during the quarter. Our customer obsession and focus on operational excellence continued to generate positive results in the third quarter. Identical sales were the strongest since we started Restock Kroger and gross margin rate, excluding fuel and pharmacy, improved slightly in the quarter. At the same time, we continued to reduce costs as a percentage of sales. We also continue to generate strong and durable free cash flow as reflected by the fact that we have reduced debt by $1.5 billion over the prior four quarters and continue to increase our dividend to create shareholder value.

 

#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.


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The Kroger Family of Companies