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: Earnings Insights 1Q25: Wrap-Up—Growth Outpaces Declines Across Most SectorsAnalyst Corner: Big Tech’s AI Application and Computing-Power Arms Race, with Charlie PoonAnalyst Corner: Why India Retail is Primed for a Blockbuster Festive-Sale Season, with Manik BhatiaShoptalk Spring 2025 “Shark Reef” Startup Pitch: Recap—12 Innovators, Two Winners
