Kroger (NYSE:KR) Issues FY 2026 Earnings Guidance

Kroger (NYSE:KR) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 5.100-5.30 for the period, compared to the consensus estimate of 5.270. The company issued revenue guidance of -.

Kroger Price Performance

Shares of KR stock opened at $56.57 on Friday. The company has a market capitalization of $34.65 billion, a P/E ratio of 36.97, a P/E/G ratio of 1.74 and a beta of 0.42. The company’s 50-day simple moving average is $65.80 and its two-hundred day simple moving average is $66.40. Kroger has a one year low of $56.32 and a one year high of $76.58. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.80 and a quick ratio of 0.42.

Kroger (NYSE:KR) last posted its quarterly earnings results on Thursday, June 18th. The company reported $1.58 earnings per share for the quarter, missing the consensus estimate of $1.59 by ($0.01). The company had revenue of $46.12 billion for the quarter, compared to the consensus estimate of $45.59 billion. Kroger had a net margin of 0.69% and a return on equity of 41.08%. The business’s revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.49 EPS. Kroger has set its FY 2026 guidance at 5.100-5.30 EPS. As a group, equities analysts anticipate that Kroger will post 5.25 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on KR. Telsey Advisory Group lifted their target price on Kroger from $80.00 to $82.00 and gave the company an “outperform” rating in a research report on Thursday, March 5th. Erste Group Bank lowered Kroger from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. BMO Capital Markets restated a “market perform” rating and issued a $70.00 price objective on shares of Kroger in a report on Thursday, March 5th. Wells Fargo & Company lowered shares of Kroger from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $70.00 to $68.00 in a research note on Wednesday, February 25th. Finally, Morgan Stanley set a $73.00 target price on shares of Kroger and gave the stock an “equal weight” rating in a report on Thursday, March 5th. Nine equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $74.67.

Trending Headlines about Kroger

Here are the key news stories impacting Kroger this week:

• Positive Sentiment: Revenue topped Wall Street estimates at $46.12 billion, and Kroger reaffirmed its full-year guidance, which signals management still sees the business on track. Reuters article
• Positive Sentiment: Adjusted eCommerce sales grew 19% and Kroger Precision Marketing profit rose more than 20%, showing progress in higher-growth digital and advertising segments. PR Newswire article
• Neutral Sentiment: Kroger launched customer-facing promotions such as free ice cream and free meals tied to America’s 250th, which may help traffic and brand goodwill but are unlikely to move the stock materially. Yahoo News article
• Neutral Sentiment: Analysts and media commentary noted that Kroger’s defensive appeal is being questioned, with some still seeing the post-earnings selloff as potentially overdone. Seeking Alpha article
• Negative Sentiment: Higher operating costs, softer comparable sales, and margin pressure from price cuts are the main reasons investors are selling the stock today. Motley Fool article
• Negative Sentiment: Management’s modest FY2026 EPS guidance of $5.10 to $5.30 leaves little room for error and reinforces concerns that earnings growth may stay limited. MarketBeat earnings page

Institutional Investors Weigh In On Kroger

Hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC boosted its holdings in shares of Kroger by 27.3% in the 4th quarter. Brighton Jones LLC now owns 15,733 shares of the company’s stock valued at $962,000 after buying an additional 3,373 shares in the last quarter. Woodline Partners LP lifted its position in Kroger by 40.7% during the first quarter. Woodline Partners LP now owns 56,243 shares of the company’s stock valued at $3,807,000 after acquiring an additional 16,270 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in Kroger in the second quarter valued at approximately $201,000. NewEdge Advisors LLC boosted its stake in Kroger by 11.5% in the second quarter. NewEdge Advisors LLC now owns 97,288 shares of the company’s stock valued at $6,978,000 after acquiring an additional 10,051 shares in the last quarter. Finally, Nebula Research & Development LLC purchased a new position in Kroger in the second quarter worth $1,840,000. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Kroger Company Profile

The Kroger Co (NYSE: KR) is one of the largest supermarket operators in the United States, offering a wide range of retail grocery and related services. Founded in Cincinnati in 1883 by Bernard Kroger, the company operates a portfolio of supermarket and multi-department store banners and provides customers with fresh foods, packaged groceries, deli and bakery items, meat and seafood, produce, and prepared foods. Kroger’s stores commonly include pharmacy services and fuel centers, positioning the company as a broad-based neighborhood retail destination for everyday needs.

In addition to traditional in-store retailing, Kroger manufactures and distributes a variety of private-label brands and operates its own food production and supply-chain facilities.