Kroger reported second-quarter 2026 non-GAAP earnings of $1.09 per share, beating estimates by $0.04, on revenue of $34.6 billion, up 2.1% year over year and ahead of expectations by $70 million. Excluding fuel, the sale of Vitacost and the exit of certain fulfillment centers, sales rose 0.1% compared to the same period last year. The quarter's LIFO charge was $39 million, down from $62 million a year earlier. In its updated full-year 2026 guidance, Kroger narrowed identical sales without fuel to a range of 0.2% to 0.8%, from 1.0% to 2.0% as of June 18, 2026, while keeping FIFO operating profit at $5.0 to $5.2 billion, EPS at $5.10 to $5.30 against a consensus of $5.20, free cash flow at $2.7 to $2.9 billion, capital expenditure at $3.8 to $4.0 billion, and the tax rate at 23%.
Kroger CompanyKroger beat Q2 EPS and revenue estimates, though it narrowed FY2026 identical sales guidance.
