Kroger Co: Quarterly report
Kroger reported higher second quarter sales and operating profit, driven by fuel and eCommerce, while announcing an agreement to acquire Giant Eagle.
Mixed for the companyWhat the numbers say
Revenue rose 2% to $34.6B versus the same quarter last year; operating margin widened from 2.5% to 2.8%; diluted EPS $1.05 versus $0.91; cash fell by $3.2B to $1.7B while debt fell by $579M; diluted share count down 8.6% (buybacks).
What happened
- Total sales increased 2.0% to $34,621 million in the second quarter of 2026, supported by a 25.6% increase in supermarket fuel sales.
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