$0.81
Adjusted Net Earnings Per Diluted Share in Q4 2020
Fourth quarter net loss was $77 million, or $0.10 per diluted share. Adjusted net earnings were $630 million, or $0.81 per diluted share. Identical sales, without fuel, were 10.6%. Digital sales grew 118% during the quarter. Kroger continued to grow market share and our ability to meet our customers’ evolving needs is a testament to our deep competitive moats, disciplined investments in our increasingly robust digital capabilities, as well as our associates’ relentless focus on our customers. We finished fiscal year 2020 with strong sales and earnings, as heightened demand for fresh, convenient food and meal solutions across modalities, including in store, pick up and home delivery, continued throughout the fourth quarter.