Company Earnings Update 2 minutesRegister for Free AccessKroger 1Q16 Results: Beats on Earnings on Strong Margins; Reaffirms Full-Year Guidance Coresight Research June 16, 2016 Executive Summary Kroger reported 1Q16 EPS of $0.70 versus the consensus estimate of $0.69. Total revenue was $34.60 billion versus expectations of $34.88 billion. Comps excluding fuel were up 2.4% versus consensus of 2.5%. Full-year guidance calls for EPS of $2.19–$2.28, consistent with prior guidance. The company believes EPS will be at the low end to the midpoint of that range, based on current fuel margin trends. Kroger expects fuel margins to be at or slightly below the five-year average. Management also reaffirmed its supermarket sales growth guidance of 2.5%–3.5%, excluding fuel. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: US Apparel and Footwear Private Label: Consumer Attitudes and Inflation Present OpportunitiesDiving into the Diverse, Underserved Segments of the US Beauty MarketConsumer Demand Sees a Slower Recovery: China Consumer TrackerMacy’s $5.8 Billion Buyout Bid: A Symphony of Risk and Opportunity