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. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: 3Q22 US Retail Inventory Tracker: Most Retailers See Inventory Growth SlowInsights Video: Exclusive Insights from CES 2024 and NRF 2024: Retail’s Big Show—Premium Subscriber CallInnovator Profile: Inoqo Drives Transparency Around Sustainability in Grocery RetailAvoidance Up, Activities Down: China Consumer Tracker