Cost ManagementKR posted +3.2% identical sales growth in Q1, well ahead of consensus, highlighting benefits of supportive topline tailwinds and cost management initiatives.
E-commerce GrowthE-commerce should continue to provide a healthy tailwind to IDs, as momentum within the delivery business is strong and delivery sales are now outpacing pickup.
Pharmacy TrendsStrong pharmacy trends continue to drive the majority of ID sales growth, and Fresh and price investments are helping improve underlying grocery trends.