Company Earnings Update 2 minutesRegister for Free AccessKroger (KR) 3Q17 Results: Beats on Revenue and EPS; Digital Sales Fuel Growth Coresight Research December 1, 2017 Executive Summary Kroger reported 3Q17 total sales of $27.75 billion, up 4.5% year over year and above the $27.48 billion consensus estimate. Excluding fuel, sales were up 1.1% during the quarter. EPS was $0.44, beating the $0.40 consensus estimate. Comp sales grew by 1.1% for the quarter, reflecting strong results in both the core business and the fuel business. For FY17, the company expects comp sales growth of flat–1%, adjusted EPS of $2.00–$2.05 and GAAP EPS of $1.75–$1.79. For 4Q17, the company expects comp sales growth of greater than 1.1% and for the fuel margin to moderate. 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: Online Shopping in Focus—Amazon Dominates E-Commerce Competition: US Consumer Survey InsightsThree Data Points We’re Watching This Week, Week 21: US Retail and Consumer DevelopmentsMapping the US’s Reciprocal Import Tariffs: Which Nations Are Affected?Enhance Shopping and Customize Care: Three Technologies Transforming the Drugstore and Pharmacy Retail Landscape
