Q1 2026 Earnings Summary
Metric | YoY Change | Reason |
---|---|---|
Total Revenue (Sales) | –0.3% | Total revenue decreased slightly from 45,269 million USD in Q1 2025 to 45,118 million USD in Q1 2026, echoing a pattern seen in previous periods where offsets like lower fuel sales and changes in pharmacy segment sales balanced out gains in other areas. |
Operating Profit | +2% | Operating profit increased modestly from 1,294 million USD to 1,322 million USD, likely driven by improved operational efficiencies and lower relative merger-related costs compared to earlier fiscal periods where similar cost adjustments helped reverse challenges. |
Net Earnings Attributable to The Kroger Co. | –8.6% | Net earnings declined notably from 947 million USD to 866 million USD. This drop is attributed to a mix of new charges in Q1 2026 – including a $15 million investment loss, $33 million in labor dispute charges, $77 million related to store closures, $11 million in merger litigation costs, and $17 million in opioid settlement charges – which contrast with previous period benefits such as merger cost avoidance. |
Depreciation and Amortization Expenses | +7.5% | Depreciation and amortization expenses rose from 978 million USD to 1,051 million USD, reflecting ongoing capital investments, increases in leased property depreciation, and higher amortization of intangible assets—a trend consistent with the gradual upward adjustments seen in prior fiscal years. |
Metric | Period | Guidance | Actual | Performance |
---|---|---|---|---|
Adjusted Net Earnings Per Diluted Share | Q1 2026 | Expected to be similar to last year (1.29) | 1.29 | Met |
Research analysts covering KROGER.