Event Coverage 6 minutesRegister for Free AccessKroger Analyst Day 2019: Confidence in Restock Kroger; Digital Fuelling Shopper Loyalty Coresight Research November 6, 2019 What's InsideOn November 5, Kroger hosted its 2019 analyst day. Management noted the benefit of “incrementaility” from digital channels: Over 50% of Kroger’s revenue from delivery and pickup services comes from competitors. And, as customers shop across more modalities (channels), they bring more sales from rivals to Kroger. CEO Rodney McMullen said Kroger’s aspiration is to generate a strong, attractive shareholder return. This is underpinned by a stable and growing core grocery business, complemented with asset-light alternative profit streams combined with a focus on high-return capital investments. For FY20, management guided for adjusted earnings per share (EPS) of $2.30-2.40 versus the FactSet consensus of $2.30; identical-store sales growth of more than 2.25%; and, alternative profit businesses to grow incremental operating profit in the range of $125 million to $150 million. 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: Innovator Profile: Node Makes Guest Users Loyal CustomersWeinswig’s Weekly: Four Trends in How US Consumers Are Shopping for GroceriesUS Dresswear Retailing: Sales To Dwindle in 2023 as Pent-Up Demand FadesMarket Outlook: US Food Away from Home—A Challenging Economic Backdrop To Weigh on Growth in 2023