Earnings ·
Kroger reports Q2 sales of $34.6B, EPS of $1.05; lowers full-year identical sales guidance to 0.2%-0.8%
KRKroger Co
The Kroger Co. reported second quarter 2026 results with total sales of $34.6 billion and identical sales excluding fuel increasing 0.2%. Operating profit was $971 million, yielding an EPS of $1.05 and adjusted EPS of $1.09. The company lowered its full-year identical sales without fuel guidance to a range of 0.2% to 0.8%, citing headwinds from the Inflation IRA Act, while reaffirming adjusted FIFO operating profit and EPS guidance ranges. Kroger repurchased $1.0 billion in shares during the quarter under a $2 billion authorization announced in December 2025, with approximately $800 million remaining. The company operates as one of America's largest retailers, serving customers through digital shopping experiences and retail food stores.