Kroger Q1 Preview: Wall Street Sees Stable Earnings, Modest Revenue Bump
Wall Street forecasts EPS of $1.44 and revenue of $45.38B, with slight year-over-year growth. Kroger’s strong track record and digital expansion seen as key positives amid inflation pressure.
Kroger Co. (NYSE: KR) is scheduled to rele ase its quarterly earnings data on Friday, June 20th, before the market opens. According to Nasdaq, Wall Street analysts project earnings of $1.44 per share, a 0.7% increase from the same period last year, with revenues expected to reach $45.38 billion, up 0.3% year-over-year.
The consensus estimate for earnings per share (EPS) has remained unchanged over the past 30 days, indicating analysts’ stable outlook ahead of the report. In the year-ago quarter, the company posted EPS of $1.43 on revenues of $45.27 billion.
Meanwhile, financial data firm FactSet estimates higher numbers, projecting Kroger to post earnings of $1.50 per share and revenue of $46.52 billion for the quarter.
Analysts expect Kroger's “Total sales to retail customers without fuel” to come in at approximately $40.45 billion, marking a 1.2% increase from the prior-year period.
Kroger has consistently exceeded earnings estimates for more than five years, highlighting its operational resilience. However, the company faces headwinds from cautious consumer spending due to ongoing inflation and intensifying market competition.
In the fourth quarter of 2024, Kroger reported a decline in sales to $34.31 billion from $37.06 billion a year earlier, though identical sales (excluding fuel) rose by 2.4%.
The company’s continued investment in digital expansion—such as faster delivery, curbside pickup, and an expanding pharmacy business—alongside robust private-label growth, are expected to support its performance in the upcoming results.
Candorium Free Members
Join Candorium to access the full article and more