Kroger company Kr The stocks are trading on Thursday.
The company has reported a quarter -quarter profit for $ 1.14, overcoming the 1.11 dollar street view. The quarterly sales amounting to 34.308 billion dollars were absent from estimating the consensus of the analyst of $ 34.50 billion.
LIFO fee for a quarter of $ 30 million, compared to LIFO credit of $ 18 million for the same period last year.
The total margin was 22.7 % of sales for the fourth quarter compared to 22.3 % for the same period last year. The improvement in the total margin was primarily attributed to the sale of specialized Kruger Pharmacy and decreased contraction, and partially met with the margins of the lower pharmacy and LIFO drawings.
FIFO increased, with the exception of rent, depreciation, firefighting, fuel and week 53 in 2023, 54 basis points compared to the same period last year.
Also read: BJ’s Whilesale Club Posts Q4 Arberings above View View due to strong membership fees
The improvement in the rate was primarily attributed to the sale of specialized Kruger Pharmacy and low contraction, and it was partly met with low pharmacy margins.
The total net debt of Kroger modified EBITDA is 1.79, compared to 1.33 a year ago, with the exception of the 53rd week in 2023.
The president and temporary executive director said: “Kroger works from a strength site, as it achieved the results of the fourth quarter before expectations because of the strength of our model and the disciplined implementation of our teams.” Ron Sargent.
Earlier this month, the company announced the resignation of the CEO Rodney McMulin.
McMullen resigned from Kroger after investigating personal behavior by the Board of Directors. Kruger said he was briefed on a specific personal behavior on February 21, which was immediately investigated.
The company’s board of directors has found that McMullen’s behavior is not in line with the Kroger policy on work ethics.
ExpectationsKroger sees a modified FY25 arrow profit from $ 4.60 – $ 4.80 for $ 4.79. FY25 projects are identical sales growth without fuel by 2.0 % – 3.0 %.
Price work: KR shares are trading by 2.49 % to $ 64.09 in the last selection Thursday.
Read after that:
Photo via Shutterstock.
Market news and data brought to you benzinga Apis
© 2025 benzinga.com. Benzinga does not provide investment advice. All rights reserved.
