The Kroger Co. earnings overview

KR FY2026 Q1 · Calendar Q2 2026

The Kroger Co.

Kroger reached a profitability inflection in eCommerce and retail media during Q1 FY2026, with cost savings running roughly 30 percent ahead of plan. A 1 percent identical sales increase excluding fuel was led by fresh, eCommerce growth of 19 percent, and private label, which gained 175 basis points of share versus national brands. Despite the operational progress, a slight EPS miss and an unexpected 15 basis-point transportation cost headwind contributed to a sharply negative market reaction of minus 8.4 percent on the session. Management reaffirmed full-year guidance and signaled better H2 margins ahead, backed by the now-profitable eCommerce and media businesses.