Quarterly ResultJun 18, 2026, 07:01 AM
Kroger Q1 2026 EPS $1.46; Identical Sales Up 1.0%
AI Summary
Kroger reported its first quarter 2026 results, with diluted EPS rising to $1.46 from $1.29 in the prior year. Identical sales, excluding fuel, saw a 1.0% increase. The company reaffirmed its full-year 2026 guidance and highlighted progress on key priorities, including a commitment to investing in the business and returning capital to shareholders through dividends and share repurchases. Adjusted EPS and operating profit also saw year-over-year increases.
Key Highlights
- Kroger reported Q1 2026 diluted EPS of $1.46, up from $1.29 in Q1 2025.
- Identical sales (excluding fuel) increased 1.0% in Q1 2026, compared to 3.2% in Q1 2025.
- Q1 2026 operating profit was $1,407 million, an increase from $1,322 million in Q1 2025.
- Adjusted EPS for Q1 2026 was $1.58, up from $1.49 in Q1 2025.
- Total company sales were $46.1 billion in Q1 2026, up from $45.1 billion in Q1 2025.
- Kroger reaffirmed its full-year 2026 guidance for EPS ($5.10 - $5.30) and identical sales (1.0% - 2.0%).
- The company expects to complete its $2 billion share repurchase authorization by the end of fiscal 2026.
- Net total debt to adjusted EBITDA ratio was 1.75 as of May 23, 2026, compared to 1.69 a year prior.
Price Impact
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