Kroger (NYSE: KR) Q2 Earnings: EPS Beat, Revenue Miss, and Revised Sales Outlook

Font: Financial Modeling Prep  • Sep 11, 2026

• Kroger's Q2 earnings per share (EPS) of $1.09 surpassed analyst expectations of $1.06, marking a 5 percent growth.
• Quarterly revenue reached $34.62 billion, slightly missing the $34.64 billion consensus but showing year-over-year growth from $33.90 billion.
• The company revised its full-year same-store sales growth forecast down to between 0.2% and 0.8%, citing broader economic challenges.

The Kroger Co. (NYSE: KR) is one of the largest grocery retailers in the United States. The company operates thousands of supermarkets and multi-department stores under various brand names. It competes with other major food and drug retailers, including Walmart and Albertsons, by offering a wide range of products from groceries to pharmacy services.

On September 11, 2026, Kroger announced its second-quarter earnings. The company reported an earnings per share (EPS) of $1.09, which was higher than the analyst expectation of $1.06. This figure represents a 5 percent growth in adjusted EPS for the quarter that ended on August 15, 2026, showing an increase in profitability per share.

Kroger's revenue for the quarter was $34.62 billion. This amount fell just under the consensus estimate of $34.64 billion. Despite the slight miss against expectations, total sales for Kroger showed an increase from the $33.90 billion reported in the same quarter of the previous year, as highlighted by PR Newswire.

Following the earnings announcement, Kroger lowered its sales outlook for the full year. As reported by The Wall Street Journal, the company now expects same-store sales growth between 0.2% and 0.8%. This is a reduction from its previous forecast of 1% to 2% growth, citing broader economic challenges as a reason for the change.

To understand its financial position, Kroger has a Current Ratio of 0.70. This ratio measures a company's ability to pay its short-term debts with its short-term assets. A value below 1 suggests that the company has more short-term liabilities than assets, which can indicate potential challenges in meeting immediate financial obligations.