
Kroger reports first quarter 2026 results with revenue hitting $46.1B
- Kroger (NYSE:KR) reported first-quarter 2026 total sales of $46.1 billion, up from $45.1 billion in the same period last year.
- The company’s share price was impacted following the release, trading down at $61.09 as of June 18, 2026.
- Kroger reaffirmed its full-year 2026 guidance, projecting earnings per share of $5.10–$5.30 and continued investment in digital and marketing segments.
Kroger (NYSE: KR) reported total sales of $46.1 billion for the first quarter of 2026, marking an increase from the $45.1 billion recorded in the first quarter of 2025.
Identical sales without fuel increased 1% during the quarter, a shift from the 3.2% growth observed in the prior-year period.
The company achieved an operating profit of $1,407 million and an adjusted FIFO operating profit of $1,544 million, with earnings per share reported at $1.46 and adjusted earnings per share at $1.58.
Key growth areas included a 19% increase in adjusted eCommerce sales and a profit increase of over 20% within the Kroger Precision Marketing segment.
Following the announcement, Kroger's share price was down 4.74% to $61.09.
Kroger reaffirmed its full-year 2026 guidance, which includes anticipated free cash flow of $2.7–$2.9 billion and capital expenditures of $3.8–$4.0 billion.
The company also highlighted its financial health, including a net debt to adjusted EBITDA ratio of 1.75 and a new $2 billion share repurchase authorization for its shareholders.