Equity Profile

KR

The Kroger Co.

Consumer StaplesFood Retail$35.0B

Jun18Thu

Pre-Earnings Brief

UpcomingQ1-2026Pre-Market9:00 AM EDT

Company Snapshot

The Kroger Co. (KR) is a leading grocery retailer in the U.S., operating supermarkets and multi-department stores....

Key Metrics to Watch

EPS

Earnings per share is a critical measure of profitability and will indicate how well Kroger managed costs and sales.

$1.59

Revenue

Total revenue reflects overall sales performance and consumer demand, which is vital for assessing growth.

$45.5B

Wall Street expectations, options signals, track record, and call prep available with Pro.

KR Q1-2026 Earnings Preview

Context

Company Snapshot

The Kroger Co. (KR) is a leading grocery retailer in the U.S., operating supermarkets and multi-department stores. As a key player in the consumer staples sector, Kroger is essential for understanding trends in food retail and consumer spending.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+2.91%

Avg Stock Reaction

+2.25%

Last Quarter Recap

In Q4-2025, Kroger reported an EPS of $1.28, exceeding expectations by 6.31%. The stock reacted positively, gaining 5.27% the following day.

Management Promises & Guidance

Focus on improving supply chain efficiency.
Enhancing customer loyalty programs.
Expanding online grocery delivery services.

Expectations

Wall Street Expectations

Analysts expect Kroger to report solid earnings, driven by strong consumer demand and effective cost management.

Bull Case

If Kroger beats EPS estimates and shows strong revenue growth, it could signal robust consumer spending and operational efficiency, leading to a positive stock reaction.

Bear Case

Conversely, if the company misses estimates or provides weak guidance, it could raise concerns about inflationary pressures and competition, negatively impacting the stock.

Key Metrics to Watch

EPS

$1.59

Earnings per share is a critical measure of profitability and will indicate how well Kroger managed costs and sales.

Revenue

$45.5B

Total revenue reflects overall sales performance and consumer demand, which is vital for assessing growth.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Kroger's EPS exceed $1.59?

A strong EPS performance would indicate effective cost management and consumer demand, crucial for stock performance.

What is the revenue outlook for Q2-2026?

Guidance on revenue growth will provide insights into future sales trends and consumer behavior.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate Kroger's ability to leverage its supply chain efficiencies and customer loyalty programs, which could drive better-than-expected results.

Supporting Evidence

Kroger's recent EPS surprises indicate strong operational performance.

The options market suggests heightened volatility, indicating investor uncertainty that may not reflect underlying strength.

Key Risk

If Kroger's revenue growth exceeds $45.5B, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on consumer spending trends and Kroger's ability to manage costs effectively.

Bull Confirmed If

Kroger needs to report an EPS above $1.59 and revenue exceeding $45.5B to confirm the bull case.

Bear Confirmed If

An EPS below $1.55 or revenue below $45.1B would support the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±7.51%

Historical Avg

±4.2%

Pricing rich

The options market is pricing in a significant move, suggesting investors anticipate volatility around the earnings report.

Options are pricing ±7.5% while KR has averaged ±4.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

28.7%

Calls (1.3M)P/C Ratio: 0.52Puts (352K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Kroger beats expectations, history suggests a stock increase of around 2.39%, confirming strong operational performance.

In-Line / Cautious

If results are in line but cautious commentary is provided, the stock may experience muted movement as investors reassess growth prospects.

Miss

A miss could lead to a decline of approximately 1.34%, reflecting market disappointment and concerns about competitive pressures.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$1,001.00–$15,000.00

disclosed dollar ranges

Most Active Members

R-OHDavid J. TaylorRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on supply chain efficiency improvements.
2Details on customer loyalty program performance.
3Insights into online grocery delivery growth.
4Any commentary on inflationary impacts on pricing.
5Guidance on revenue expectations for the next quarter.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

The Kroger Co. (KR) is a leading grocery retailer in the U.S., operating supermarkets and multi-department stores....

Key Metrics to Watch

EPS

Earnings per share is a critical measure of profitability and will indicate how well Kroger managed costs and sales.

$1.59

Revenue

Total revenue reflects overall sales performance and consumer demand, which is vital for assessing growth.

$45.5B

Wall Street expectations, options signals, track record, and call prep available with Pro.

KR Q1-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+2.91%

Avg Stock Reaction

+2.25%

Last Quarter Recap

In Q4-2025, Kroger reported an EPS of $1.28, exceeding expectations by 6.31%. The stock reacted positively, gaining 5.27% the following day.

Management Promises & Guidance

Focus on improving supply chain efficiency.
Enhancing customer loyalty programs.
Expanding online grocery delivery services.

Expectations

Wall Street Expectations

Analysts expect Kroger to report solid earnings, driven by strong consumer demand and effective cost management.

Bull Case

If Kroger beats EPS estimates and shows strong revenue growth, it could signal robust consumer spending and operational efficiency, leading to a positive stock reaction.

Bear Case

Conversely, if the company misses estimates or provides weak guidance, it could raise concerns about inflationary pressures and competition, negatively impacting the stock.

Key Metrics to Watch

EPS

$1.59

Earnings per share is a critical measure of profitability and will indicate how well Kroger managed costs and sales.

Revenue

$45.5B

Total revenue reflects overall sales performance and consumer demand, which is vital for assessing growth.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Kroger's EPS exceed $1.59?

A strong EPS performance would indicate effective cost management and consumer demand, crucial for stock performance.

What is the revenue outlook for Q2-2026?

Guidance on revenue growth will provide insights into future sales trends and consumer behavior.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate Kroger's ability to leverage its supply chain efficiencies and customer loyalty programs, which could drive better-than-expected results.

Supporting Evidence

Kroger's recent EPS surprises indicate strong operational performance.

The options market suggests heightened volatility, indicating investor uncertainty that may not reflect underlying strength.

Key Risk

If Kroger's revenue growth exceeds $45.5B, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on consumer spending trends and Kroger's ability to manage costs effectively.

Bull Confirmed If

Kroger needs to report an EPS above $1.59 and revenue exceeding $45.5B to confirm the bull case.

Bear Confirmed If

An EPS below $1.55 or revenue below $45.1B would support the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±7.51%

Historical Avg

±4.2%

Pricing rich

The options market is pricing in a significant move, suggesting investors anticipate volatility around the earnings report.

Options are pricing ±7.5% while KR has averaged ±4.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

28.7%

Calls (1.3M)P/C Ratio: 0.52Puts (352K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Kroger beats expectations, history suggests a stock increase of around 2.39%, confirming strong operational performance.

In-Line / Cautious

If results are in line but cautious commentary is provided, the stock may experience muted movement as investors reassess growth prospects.

Miss

A miss could lead to a decline of approximately 1.34%, reflecting market disappointment and concerns about competitive pressures.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$1,001.00–$15,000.00

disclosed dollar ranges

Most Active Members

R-OHDavid J. TaylorRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on supply chain efficiency improvements.
2Details on customer loyalty program performance.
3Insights into online grocery delivery growth.
4Any commentary on inflationary impacts on pricing.
5Guidance on revenue expectations for the next quarter.