ET 07:31

Kroger (KR) Reaffirms Fiscal 2026 Financial Guidance

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Earnings

Kroger (KR) on June 18, 2026, reaffirmed its fiscal year 2026 financial guidance, signaling confidence in its long-term strategic initiatives. The major grocery retailer maintained its outlook for key performance indicators, providing stability for investor expectations. The company projects adjusted net earnings per share to remain in the range of $5.00 to $5.50. Identical sales growth, excluding fuel, is still anticipated to be between 3% and 5%. Kroger also expects free cash flow to be in the range of $2.5 billion to $3.0 billion for the fiscal year. This reaffirmation underscores Kroger's commitment to its "Leading with Fresh and Accelerating with Digital" strategy, focusing on expanding its digital capabilities and product offerings. The consistent guidance reflects management's belief in achieving these targets amid evolving market conditions.

EditorTan Wei Jie