Cincinnati, Ohio-based The Kroger Co. (KR) operates as a food retailer in the United States. With a market cap of $47.2 billion, the company also operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses.
The company is expected to announce its fiscal Q2 2025 earnings results on Thursday, Sept. 11. Ahead of this event, analysts expect the company to report an adjusted EPS of $0.99, up 6.5% from $0.93 in the year-ago quarter. It has surpassed or matched Wall Street's earnings estimates in each of the last four quarters.
For fiscal 2025, analysts expect the company to report an adjusted EPS of $4.76, up 6.5% from $4.47 in fiscal 2024. In addition, adjusted EPS is anticipated to grow 9.7% year-over-year to $5.22 in fiscal 2026.
Over the past year, KR shares surged 34.1%, outperforming the S&P 500 Index’s ($SPX) 18.3% gains and the Consumer Staples Select Sector SPDR Fund’s (XLP) 4.9% returns over the same time frame.
On June 20, KR shares grew 9.8% following the release of its Q1 earnings. The company’s revenue totaled $45.1 billion, missing the Street’s estimates. Moreover, its gross margin expanded by 100 bps year-over-year. KR’s adjusted EPS for the quarter came in at $1.49 and surpassed the consensus estimates by 2.8%.
The consensus opinion on KR stock is moderately optimistic, with an overall “Moderate Buy” rating. Out of the 20 analysts covering the stock, opinions include 11 “Strong Buys” and nine “Holds.” The mean price target of $76.84 indicates a 7.5% upside potential from current price levels.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
