Company Earnings UpdateKroger (KR) 2Q18 Results: Earnings Beat, Misses on Revenue Coresight Research September 14, 2018 Executive Summary Kroger reported 2Q18 revenues of $27.9 billion, up 1.0% year over year and slightly below the consensus estimate of $28.0 billion. Adjusted EPS was $0.41, up 5.1% year over year, beating the consensus estimates of $0.38. The company reported a gross margin of 21.3%, 36 basis points down year over year. Kroger guided its 2018 sales growth, excluding fuel, in the range 2.0%-5% in 2018. On an adjusted basis, the EPS guidance was in the range of $2.00-$2.15. 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: Weekly US Store Openings and Closures Tracker 2025, Week 17: Announced Closures Up 90% Year Over Year; JD Sports Reveals Global Store PlansSentiment by Age—Younger Consumers Are More Optimistic but Older Consumers’ Sentiment Improves: US Consumer Survey InsightsEconomic Sentiment Remains Under Pressure; Plus, Apparel Shopping in Focus: US Consumer Survey InsightsEarnings Insights 4Q24, Week 1: Levi Strauss, P&G, Walgreens and Others Post Sales Growth, While Burberry and Kimberly-Clark Report Declines
