Kroger reported first quarter 2026 revenue of $46.1 billion and GAAP EPS of $1.46. The company's adjusted EPS of $1.58 met analyst expectations, while revenue exceeded consensus estimates. Kroger reaffirmed its full-year 2026 guidance.
Key Highlights
- Identical sales without fuel grew 1.0%, a deceleration from 3.2% in the prior-year period and below analyst expectations.
- Adjusted eCommerce sales showed continued strength, growing 19% year-over-year.
- The company maintained its full-year 2026 guidance, including identical sales growth of 1.0% to 2.0% and adjusted EPS of $5.10 to $5.30.