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Kroger's Fiscal Q4 Adjusted Earnings, Sales Rise; Issues 2024 Adjusted EPS Outlook; Shares Gain
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Kroger's Fiscal Q4 Adjusted Earnings, Sales Rise; Issues 2024 Adjusted EPS Outlook; Shares Gain
Mar 7, 2024 6:04 AM

08:31 AM EST, 03/07/2024 (MT Newswires) -- Kroger ( KR ) reported fiscal Q4 adjusted net earnings Thursday of $1.34 per diluted share, up from $0.99 a year earlier.

Analysts polled by Capital IQ expected $1.13.

Sales for the quarter ended Feb. 3 were $37.06 billion, up from $34.82 billion a year earlier.

Analysts surveyed by Capital IQ expected $37.06 billion.

For 2024, the supermarket chain said it expects adjusted net earnings of $4.30 to $4.50 per diluted share. Analysts polled by Capital IQ expect $4.56.

Kroger ( KR ) shares were 5.1% higher in premarket trading.

Price: 53.06, Change: +2.57, Percent Change: +5.09

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