Kroger releases transcript of Q2 2026 earnings call
KR•Digital and media performance
Adjusted eCommerce sales rose 20% with a second straight profitable quarter; retail media revenue rose 24%.
Kroger's fiscal Q2 2026 results and outlook
Kroger held its fiscal Q2 2026 earnings call with CEO Gregory S. Foran, CFO David Kennerley, investors, and analysts.
Identical sales excluding fuel rose 0.2%; the Cyclospora outbreak cut about 35 bps, and the Inflation Reduction Act cut about 140 bps.
Full-year identical sales excluding fuel outlook was lowered to 0.2%-0.8% from 1%-2%; adjusted EPS was kept at $5.10-$5.30.
Adjusted EPS was $1.09; adjusted FIFO operating profit was $1.1 billion; FIFO gross margin ex-fuel rose 13 bps.
