The Kroger Co. (KR) Q1 2023 Earnings Results

Kroger Beats on EPS, Stock Down 2.69%

Kroger's earnings report shows a positive surprise in EPS, indicating better-than-expected profitability. However, the stock fell by 2.69% on the day, likely due to the lack of revenue data and forward guidance. Investors may be cautious given the overall market environment and the absence of specific future expectations.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$1.51	N/A	+5.30%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed confidence in the company's ability to navigate current market conditions. They noted a focus on enhancing customer loyalty and operational efficiency.

Management highlighted strong operational performance despite market challenges.

They emphasized ongoing investments in technology and customer experience.

Kroger Beats on EPS, Stock Down 2.69%

Key numbers

Management commentary

The Kroger Co.

More earnings this week

Kroger Beats on EPS, Stock Down 2.69%

Key numbers

Management commentary