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.

Q2 2019 Earnings Results

Webcast

Thursday, September 12, 2019 at 10:00 AM ET

$0.44

Per Diluted Share in Q2 2019

Second quarter net earnings were $297 million, or $0.37 per diluted share. Adjusted net earnings were $357 million, or $0.44 per diluted share. Identical sales, without fuel, were 2.2%. Digital sales grew 31% during the quarter. We are pleased with the improvement of trends in our supermarket business in the second quarter. Gross margin headwinds in pharmacy were offset by strong fuel performance during the quarter. We continue to reduce costs and are on track to deliver $100 million in incremental operating profit through alternative profit stream growth. We delivered strong free cash flow and are now within our targeted net total debt to adjusted EBITDA range.

 

#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