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AI English summary of an SEC filing — figures as filed

Kroger logoKroger KR

Kroger said total sales for Q1 2025 decreased 0.3% compared to the prior-year quarter. The company said total sales excluding fuel, Kroger Specialty Pharmacy and the Labor Dispute increased 3.7%, and identical sales excluding fuel and the Labor Dispute increased 3.2%.

10-QQuarterly reportFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Kroger said total sales for Q1 2025 decreased 0.3% compared to the prior-year quarter. The company said total sales excluding fuel, Kroger Specialty Pharmacy and the Labor Dispute increased 3.7%, and identical sales excluding fuel and the Labor Dispute increased 3.2%.

  2. Kroger said operating profit for Q1 2025 was $1.3 billion (2.93% of sales), and net earnings per diluted share were $1.29, consistent with the prior-year quarter. Adjusted net earnings per diluted share were $1.49, representing a 4.2% increase compared to $1.43 in the prior-year quarter.

  3. Kroger said it recognized store closure costs of $100 million ($77 million net of tax) in Q1 2025 related to the planned closing of approximately 60 stores over the next 18 months. In addition to recurring multi-employer pension contributions, the company made an incremental contribution of $60 million ($46 million net of tax) to multi-employer pension plans.

  4. Kroger said cash flows from operations for Q1 2025 were $2.1 billion, a decrease compared to $2.3 billion in the prior-year quarter. During the same quarter, the company repurchased 2.7 million shares for $181 million, and returned $392 million to shareholders through share repurchases and dividend payments.

Key figures

Quarter ended May 24, 2025

Revenue
$45.1B
Operating income
$1.3B
Net income
$866M
EPS
$1.29
Operating cash flow
$2.1B

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q1 Total Sales and Identical Sales

Kroger said total sales for Q1 2025 decreased 0.3% compared to the prior-year quarter. The company said total sales excluding fuel, Kroger Specialty Pharmacy and the Labor Dispute increased 3.7%, and identical sales excluding fuel and the Labor Dispute increased 3.2%.

Source · Based on the MD&A text of the filing

Q1 Operating Profit and Net Earnings Per Diluted Share

Kroger said operating profit for Q1 2025 was $1.3 billion (2.93% of sales), and net earnings per diluted share were $1.29, consistent with the prior-year quarter. Adjusted net earnings per diluted share were $1.49, representing a 4.2% increase compared to $1.43 in the prior-year quarter.

Source · Based on the MD&A text of the filing

Store Closure Costs and Multi-Employer Pension Contributions

Kroger said it recognized store closure costs of $100 million ($77 million net of tax) in Q1 2025 related to the planned closing of approximately 60 stores over the next 18 months. In addition to recurring multi-employer pension contributions, the company made an incremental contribution of $60 million ($46 million net of tax) to multi-employer pension plans.

Source · Based on the MD&A text of the filing

Q1 Operating Cash Flow and Shareholder Returns

Kroger said cash flows from operations for Q1 2025 were $2.1 billion, a decrease compared to $2.3 billion in the prior-year quarter. During the same quarter, the company repurchased 2.7 million shares for $181 million, and returned $392 million to shareholders through share repurchases and dividend payments.

Source · Based on the MD&A text of the filing

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.