Company Earnings UpdateKroger (NYSE: KR) 2Q19 Results: Strong Same-Store Sales and EPS Beat Coresight Research September 13, 2019 Executive Summary For 2Q19, ended August 17, Kroger reported same-store sales growth ex fuel of 2.2%, ahead of the consensus estimate of 1.8% and strengthening from 1.5% in the prior quarter. Adjusted EPS of $0.44 was ahead of the $0.41 consensus. Management confirmed FY19 guidance of same-store sales growth of 2.0-2.25% and EPS of $2.15-2.25. However, management did not reconfirm guidance for $400 million of incremental operating profit from the Restock Kroger plan by FY20. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: New Technologies to Drive Retailer-Supplier Collaboration: Insights Presented at NACDS Annual Meeting 2025Music Festivals: A Key Opportunity for Retail Brand EngagementUK Store Tracker Extra: 2025 Store Openings and Closures Review and 2026 OutlookMass Merchandisers, Warehouse Clubs and Discount Stores: Themes, Concepts and Innovators—Target at a Crossroads, Dollar Stores Revive and Warehouse Clubs Gain Momentum
