Kroger reports fourth quarter and full-year 2024 results announces guidance for 2025

Fourth quarter highlights identical sales without fuel increased 2.4% operating profit of $912 million; eps of $0.90 adjusted fifo operating profit of $1,174 million and adjusted eps of $1.14 delivered 11% digital sales growth, excluding the 53rd week in 2023 fiscal 2024 highlights identical sales without fuel increased 1.5% operating profit of $3.8 billion; eps of $3.67 adjusted fifo operating profit of $4.7 billion and adjusted eps of $4.47 delivered more than $13b in digital sales 17% increase in media, excluding the 53rd week in 2023, contributed to $1.35b in operating profit from alternative profit businesses increased associate wages resulting in average hourly wage of more than $19 and rate of more than $25 with comprehensive benefits factored in, which is a 38% increase in rate in the last seven years commenced a $5.0b accelerated share repurchase program to be completed under kroger's $7.5b share repurchase authorization cincinnati , march 6, 2025 /prnewswire/ -- the kroger co. (nyse: kr) today reported its fourth quarter and fiscal year 2024 results, provided 2025 guidance and updated investors on how kroger is positioned for long-term sustainable growth. comments from chairman and ceo ron sargent   "i am excited to join this talented and experienced management team in my role as interim ceo.
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