tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kroger narrows FY25 EPS view to $4.70-$4.80 from $4.60-$4.80

FY25 consensus $4.78. Raises FY25 identical sales without fuel view to 2.7%-3.4% from 2.25%-3.25%. Comments from CFO David Kennerley: “Kroger’s (KR) second quarter results reflect continued momentum in our business. Sales growth has been strong, led by pharmacy, eCommerce and Fresh, and we are encouraged by the improvement in grocery volumes. As a result, we are raising our identical sales without fuel guidance to a new range of 2.7% to 3.4%. We are also raising the lower end of our adjusted FIFO net operating profit and net earnings per diluted share guidance, to new ranges of $4.8 to $4.9 billion and $4.70 to $4.80, respectively.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1