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Kroger sets new three-year growth targets while retaining its current-year outlook

Kroger ($KR) outlined targets for fiscal 2027–2029 that include compound annual growth of 3–6% in adjusted EBITDA and 7–11% in adjusted earnings per share. It is aiming for approximately 3% comparable-sales growth by 2029, excluding fuel and pharmacy. The company reaffirmed its fiscal 2026 guidance, separating its existing annual outlook from the newly quantified medium-term ambitions. The plan combines cost efficiencies and customer-price investment with opportunities in digital operations and

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Kroger cuts sales-growth guidance but maintains earnings outlook

Kroger ($KR) reduced its full-year identical-sales growth forecast, excluding fuel, to 0.2–0.8% from 1–2%. The revised range includes an approximately 1.4-percentage-point headwind from the Inflation Reduction Act. Second-quarter sales reached $34.6 billion, compared with $33.9 billion a year earlier, while identical sales excluding fuel increased just 0.2%. Profit expectations held up better than the sales outlook. Adjusted quarterly earnings rose to $1.09 per share from $1.04, and management m

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