Kroger reported second quarter 2026 results and lowered its full-year identical sales without fuel guidance to a range of 0.2% to 0.8%, down from the prior range of 1.0% to 2.0%, while reaffirming its full-year adjusted net earnings per diluted share guidance of $5.10 to $5.30. For the quarter ended August 15, 2026, identical sales without fuel increased 0.2%, operating profit was $971 million and earnings per share were $1.05, compared with $863 million and $0.91 a year earlier. Adjusted FIFO operating profit was $1,076 million and adjusted earnings per share were $1.09, up 5%, while total company sales rose to $34.6 billion from $33.9 billion. Adjusted eCommerce sales grew 20% and Kroger Precision Marketing profit grew 24%. Earlier in the quarter Kroger raised its dividend by 11%, its 20th consecutive annual increase, and repurchased $1.0 billion in shares, bringing year-to-date buybacks to $1.2 billion under the $2 billion board authorization announced in December 2025, with about $800 million remaining. Kroger will host an investor update meeting on October 20, 2026.
Kroger CompanyKroger reaffirmed its full-year adjusted EPS guidance of $5.10-$5.30, raised its dividend 11%, and repurchased $1.0 billion in shares.
