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Kroger logoKroger KR

Kroger said ID sales excluding fuel rose 2.4% in Q4 2024, with operating profit of $912 million and EPS of $0.90. It said adjusted FIFO operating profit was $1,174 million and adjusted EPS was $1.14.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Kroger said ID sales excluding fuel rose 2.4% in Q4 2024, with operating profit of $912 million and EPS of $0.90. It said adjusted FIFO operating profit was $1,174 million and adjusted EPS was $1.14.

  2. The company said operating profit for fiscal 2024 was $3.8 billion (2023 $3.1 billion), and EPS was $3.67 (2023 $2.96). It said adjusted FIFO operating profit was $4.7 billion (2023 $5.0 billion), and adjusted EPS was $4.47 (2023 $4.76).

  3. Kroger said it initially repurchased 65.6 million shares in the quarter under its $5 billion accelerated share repurchase (ASR) program. It said the ASR is being completed under its $7.5 billion share repurchase authorization. The net total debt to adjusted EBITDA ratio was 1.79, compared with 1.33 a year ago, in 1.

  4. The company gave full-year 2025 guidance for identical sales without fuel of 2.0% to 3.0%, adjusted FIFO operating profit of $4.7 to $4.9 billion, and adjusted diluted earnings per share of $4.60 to $4.80, the company said. It said adjusted free cash flow is expected to be $2.8 to $3.0 billion and capital expenditures $3.6 to $3.8 billion.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q4 results: identical sales up 2.4%, operating profit at $912 million

Kroger said ID sales excluding fuel rose 2.4% in Q4 2024, with operating profit of $912 million and EPS of $0.90. It said adjusted FIFO operating profit was $1,174 million and adjusted EPS was $1.14.

Source · Based on the filing body and exhibits

Full-year results: operating profit of $3.8 billion, adjusted EPS of $4.47

The company said operating profit for fiscal 2024 was $3.8 billion (2023 $3.1 billion), and EPS was $3.67 (2023 $2.96). It said adjusted FIFO operating profit was $4.7 billion (2023 $5.0 billion), and adjusted EPS was $4.47 (2023 $4.76).

Source · Based on the filing body and exhibits

$5 billion accelerated share repurchase and net debt ratio at 1.79

Kroger said it initially repurchased 65.6 million shares in the quarter under its $5 billion accelerated share repurchase (ASR) program. It said the ASR is being completed under its $7.5 billion share repurchase authorization. The net total debt to adjusted EBITDA ratio was 1.79, compared with 1.33 a year ago, in 1.

Source · Based on the filing body and exhibits

Kroger gives 2025 full-year guidance

The company gave full-year 2025 guidance for identical sales without fuel of 2.0% to 3.0%, adjusted FIFO operating profit of $4.7 to $4.9 billion, and adjusted diluted earnings per share of $4.60 to $4.80, the company said. It said adjusted free cash flow is expected to be $2.8 to $3.0 billion and capital expenditures $3.6 to $3.8 billion.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.