KR · Kroger Company
AI read · Neutral
The AI's read
Kroger reported adjusted EPS of $1.09 and sales of $34.621 billion, both beating estimates. It also showed 20% e-commerce growth and $1.2 billion of buybacks. The company cut full-year identical-sales growth to 0.2%-0.8% and said SNAP cuts plus fuel above $4 slowed unit growth, so the positives and pressures balance. I read this quarter as neutral for Kroger.