Kroger Stock Surges 9.81% to 44th in Market Rankings as Q1 Sales Soar

Generado por agente de IAAinvest Volume Radar
viernes, 20 de junio de 2025, 8:08 pm ET1 min de lectura
KR--

On June 20, 2025, The's trading volume reached 13.60 billion, marking a 69.22% increase from the previous day, placing it at the 44th position in the day's stock market rankings. KrogerKR-- (KR) saw a 9.81% increase in its stock price.

Kroger reported strong first-quarter results, driven by robust sales in pharmacy, eCommerce, and fresh food categories. The company made significant progress in streamlining its priorities and improving operational efficiency.

Kroger updated its earnings guidance for 2025, projecting identical sales growth of 2.25% to 3.25%. This adjustment follows the company's first-quarter performance, which exceeded expectations.

In the first quarter of 2025, Kroger's identical sales, excluding fuel, increased by 3.2%. The company's operating profit stood at $1,322 million, with an earnings per share (EPS) of $1.29.

Kroger's revenue for the first quarter was $45.1 billion, slightly below the estimated $45,185.54 million. The reported EPS was $1.29, missing the estimated $1.48. Despite the slight revenue miss, Kroger's adjusted EPS of $1.49 showed a 4% year-over-year increase.

Kroger's CFO, David Kennerley, noted that while the first quarter's sales and profitability exceeded expectations, the macroeconomic environment remains uncertain. The company affirmed its full-year projections, including identical sales growth and adjusted EPS.

Kroger's stock price surged nearly 6% after the market opened, reflecting investor confidence in the company's performance. The stock has risen 13% since the start of the year, despite ongoing legal disputes with Albertsons Companies following the failed merger.

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