Kroger reports first quarter 2023 results and reaffirms full-year identical sales without fuel and adjusted eps guidance

First quarter highlights  identical sales without fuel increased 3.5% with underlying growth of 5.0% (1) operating profit of $1,470 million; adjusted fifo operating profit of $1,669 million eps of $1.32; adjusted eps of $1.51 achieved strong adjusted free cash flow leading to a record low net total debt to adjusted ebitda ratio executed its go-to-market strategy to deliver value for customers grew digital sales 15% increased customer households and trips cincinnati , june 15, 2023 /prnewswire/ -- the kroger co. (nyse: kr) today reported its first quarter 2023 results, reaffirmed 2023 guidance for identical sales without fuel and adjusted eps and updated investors on how leading with fresh and accelerating with digital continues to position kroger for long-term sustainable growth. comments from chairman and ceo rodney mcmullen "kroger achieved solid first quarter results guided by the execution of our leading with fresh and accelerating with digital strategy.
KR Ratings Summary
KR Quant Ranking