Kroger Q1 2026 earnings: sales beat, e-commerce up 19%
Key takeaways
- Analysts had forecast revenue of $45.47 billion, according to The Wall Street Journal.
- Net earnings attributable to Kroger came in at $903 million, or $1.46 per diluted share, compared with $866 million, or $1.29 per diluted share, in the same quarter a year ago.
- At 22.7% of sales, gross margin narrowed from 23% in the year-ago period.
Kroger Q1 2026 earnings: sales beat, e-commerce up 19% Quartz · Brandon Bell / Getty Images Cris Tolomia Thu, June 18, 2026 at 7:42 PM GMT+7 2 min read KR Kroger reported first-quarter sales of $46.12 billion on Thursday, topping analyst estimates, while holding its full-year outlook as consumers remain cautious about spending.
Analysts had forecast revenue of $45.47 billion, according to The Wall Street Journal. Identical sales, excluding fuel, rose 1% from the same period a year earlier. Adjusted e-commerce sales grew 19%, and Kroger Precision Marketing profit grew more than 20%, the company said.
Net earnings attributable to Kroger came in at $903 million, or $1.46 per diluted share, compared with $866 million, or $1.29 per diluted share, in the same quarter a year ago. On an adjusted basis, the company earned $1.58 per share, missing the $1.59 consensus estimate by a penny, Reuters reported.