The retailer posted Q3 earnings per share of $0.98 for the three-month period, just above the $0.97 estimated by analysts.The company reported a 2.3% increase in identical-store sales excluding fuel, exceeding the estimated 1.72%. Gross margin came in at 22.9%, above the forecasted 22.3%.
"Kroger achieved strong sales results in the third quarter led by our pharmacy and digital performance, which reflects the strength and diversity of our model,” said Kroger CEO Rodney McMullen. For fiscal year 2025, Kroger provided earnings guidance of $4.35 to $4.45 per share, compared to the expected $4.44.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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