What You Need to Know Ahead of Kroger's Earnings
Kroger(KR) Investopedia·2024-09-07 18:22
Analyst Estimates for Q2 2024Q1 2024Q2 2023Revenue$34.04 billion$45.27 billion$33.85 billionDiluted EPS (loss)88 cents$1.29(25 cents)Net Income (loss)$640.81 million$947 million($180 million) Key Metric: Sales The retailer beat sales estimates in the first quarter as same-store sales rose. Kroger said digital sales saw an 8% year-over-year boost, as delivery and curbside pickup became more popular. Kroger has managed to continue beating earnings estimates as grocery spending has remained consistent amid ...