HUTCHINSON, Kan. — The Kroger Co. announced on Thursday it will host its third quarter 2022 earnings conference call at 9:00 a.m. ET on Thursday, December 1, 2022. Kroger's management team will comment on financial and operational results for the third quarter 2022.
The parent company of Dillons had a strong second quarter.
Second Quarter Highlights
• Identical Sales without fuel increased 5.8%
• Operating Profit of $954 million; Adjusted FIFO Operating Profit of $1,110 million
• EPS of $1.00; Adjusted EPS of $0.90
• Company is executing its go-to-market strategy to deliver value for customers
° Our Brands identical sales increased 10.2%
° Digital sales grew 8%
° Accelerated our Fresh Produce Initiative with 864 stores now certified, driving higher identical sales
Total company sales were $34.6 billion in the second quarter, compared to $31.7 billion for the same period last year. Excluding fuel, sales increased 5.2% compared to the same period last year.
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