Kroger shares fell 5.8% after the grocery retailer reported first-quarter 2026 results that missed Wall Street profit expectations. Quarterly revenue of $46.12 billion beat analyst forecasts, but GAAP earnings per share of $1.46 came in 8.6% below consensus. Same-store sales growth decelerated to 1% year-on-year from 3.2% a year ago, and free cash flow margin narrowed to 1% from 2.4%. Full-year earnings guidance was slightly ahead of expectations, yet the bottom-line miss and slowing sales momentum overshadowed the positives.
Kroger CompanyKroger reported Q1 earnings per share 8.6% below consensus and slowing same-store sales growth, causing shares to fall 5.8%.