Company Earnings UpdateKroger (NYSE: KR) 2Q19 Results: Strong Same-Store Sales and EPS Beat Coresight Research September 13, 2019 Executive Summary For 2Q19, ended August 17, Kroger reported same-store sales growth ex fuel of 2.2%, ahead of the consensus estimate of 1.8% and strengthening from 1.5% in the prior quarter. Adjusted EPS of $0.44 was ahead of the $0.41 consensus. Management confirmed FY19 guidance of same-store sales growth of 2.0-2.25% and EPS of $2.15-2.25. However, management did not reconfirm guidance for $400 million of incremental operating profit from the Restock Kroger plan by FY20. 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: Retail Crime and Shrink: More Shoppers Say No to Locked-Up Merchandise; Self-Checkout Gets a MakeoverHoliday 2024: US Retail Wrap-Up—Apparel and Amazon Dominate SpendingNRF 2026: Retail’s Big Show—Day 1—Everything Agentic, Plus Digital Twins, Robotics and Smart StoresConsumer Sentiment Peaks Ahead of Singles’ Day—Then Stabilizes: China Consumer Survey Insights
