Kroger Q2 Earnings Beat Expectations, Raises Full-Year Guidance

Kroger (NYSE:KR) Q2 CY2026 revenue of $34.62 billion, up 2% YoY, met analyst estimates. GAAP profit of $1.05 per share was in line with consensus. Same-store sales were flat YoY. Operating margin was 2.8%, in line with the same quarter last year. Management highlighted strong performance in ecommerce, retail media, and cost savings, which supported margins despite a challenging sales environment. Full-year EPS guidance of $5.20 at the midpoint beat analyst estimates by 2.8%.