Today, Kroger Co. announced its first-quarter 2026 results, reaffirmed its 2026 guidance, and provided updates on key priorities. In Q1, the company’s total sales reached $46.1 billion, up from $45.1 billion in the same period last year.
The company’s first quarter highlights included:
• Identical Sales without fuel increased 1.0%1
• Operating Profit of $1,407 million; EPS of $1.46
• Adjusted FIFO Operating Profit of $1,544 million and Adjusted EPS of $1.58
• Adjusted eCommerce sales grew +19%2; Kroger Precision Marketing profit grew over 20%
Company CEO Greg Foran told investors: “I joined Kroger because I believe it represents the best opportunity in retail. We serve millions of families every day, in our stores and online. We have the right stores in the right places, unmatched customer insights, and the ability to win. Our focus is clear: to become America’s best grocer. We will measure ourselves against that every day. We are pleased with our first quarter results, but we know there is more work to do. That is why we are building a culture that is never satisfied, with a constant focus on serving our customers better.”
The company reaffirmed its full-year 2026 guidance, expecting a FIFO operating profit of $5.0-$5.2 billion.
In December 2025, Kroger’s Board of Directors approved an additional $2 billion share repurchase authorization. Kroger expects to complete these repurchases by the end of fiscal 2026.
Kroger shares dropped 4.4% following the announcement.
By CEO NA Editorial Staff
