Consumer Staples
Grocery Stores
$44.06B
414K
Key insights and themes extracted from this filing
Sales increased slightly to $33.912B from $33.853B YoY, while gross margin improved, indicating better cost management. FIFO gross margin rate increased to 22.63% from 21.81% YoY.
Net earnings attributable to The Kroger Co. was $466M, a significant improvement compared to a loss of $180M YoY. This is driven by improved margins and reduced operating expenses.
Adjusted net earnings per diluted share decreased slightly to $0.93 from $0.96 YoY, indicating some pressure on profitability despite overall improvement in net earnings.