The Kroger Co. (KR), headquartered in Cincinnati, Ohio, operates supermarkets, multi-department stores, and fulfillment centers. The company is valued at $39.1 billion by market cap and offers meat, seafood, bakery, dairy, frozen, cleaning, kitchen, beverages, health, electronics, toys, vegetables, fruits, beauty, and household products. The supermarket chain is expected to announce its fiscal second-quarter earnings for 2024 on Friday, Sep. 13.
Ahead of the event, analysts expect KR to report a profit of $0.91 per share on a diluted basis, down 5.2% from $0.96 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
