- Kroger’s adjusted earnings per share (EPS) for the first quarter were $1.49, exceeding the estimate of $1.45.
- The reported EPS was $1.29.
- The company’s sales reached $45.12 billion, slightly below the estimated $45.23 billion.
- Identical-store sales, excluding fuel, rose by 3.2%, outperforming the estimate of 2.3%.
- Kroger’s gross margin stood at 23% during this quarter.
- The operating profit for the quarter was $1.32 billion.
- Adjusted FIFO operating profit was $1.52 billion, slightly above the estimate of $1.5 billion.
- Kroger attributed strong sales growth to the pharmacy, eCommerce, and fresh categories.
- Despite exceeding sales and profitability expectations, the company maintains its cautious guidance due to economic uncertainties.
- Analyst recommendations include 12 buys, 11 holds, and 2 sells for Kroger’s stock.
Kroger Co on Smartkarma
Analysts on Smartkarma, such as Baptista Research, are delving into Kroger Co‘s latest strategies and financial performance. In a report titled “The Kroger Co.: What Are Its Latest Store Footprint Expansion & Margin Enhancement Initiatives?”, Baptista Research provides insights into the success and challenges faced by Kroger. The report highlights Kroger’s solid financial results for the fourth quarter and full year 2024, showcasing a blend of accomplishments and hurdles. CEO Ronald Sargent’s confidence in Kroger’s resilience in the evolving retail landscape, backed by robust financial achievements in 2024 and promising plans for 2025, underpins the company’s strategic direction.
A look at Kroger Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Kroger Co has a mixed outlook for the long term. With a Growth score of 4 and Momentum score of 4, the company is showing promising signs of expansion and positive market performance. This indicates that Kroger Co has potential for future growth and is currently experiencing strong market momentum. However, with Value and Resilience scores of 2 each, the company may face challenges in terms of its valuation and ability to withstand economic shocks.
Kroger Co also received a Dividend score of 3, suggesting that it offers a moderate level of dividend payment to its investors. Overall, the company operates supermarkets and convenience stores in the United States, with an added advantage of manufacturing and processing some of the foods it sells. Investors considering Kroger Co should carefully evaluate these Smart Scores to make informed decisions about the company’s long-term prospects.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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