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Kroger's Fiscal Q3 Adjusted Net Earnings Rise, Sales Fall; Narrows Fiscal 2024 Adjusted Net Earnings Guidance Range
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Kroger's Fiscal Q3 Adjusted Net Earnings Rise, Sales Fall; Narrows Fiscal 2024 Adjusted Net Earnings Guidance Range
Dec 5, 2024 5:36 AM

08:24 AM EST, 12/05/2024 (MT Newswires) -- Kroger ( KR ) reported fiscal Q3 adjusted net earnings Thursday of $0.98 per diluted share, up from $0.95 a year earlier.

Analysts polled by FactSet expected $0.97.

Sales for the quarter ended Nov. 9 were $33.63 billion, down from $33.96 billion a year earlier.

Analysts surveyed by FactSet expected $34.19 billion.

The company said it now expects fiscal 2024 adjusted net earnings per diluted share of $4.35 to $4.45, compared with the prior guidance of $4.30 to $4.50. Analysts polled by FactSet expect $4.44.

Kroger ( KR ) shares were down 1.3% in recent Thursday premarket activity.

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