Kroger raises full-year adjusted earnings guidance

Published: Sept. 10, 2021 astatine 8:21 a.m. ET

Kroger Co. reported second-quarter nett income totaling $467 million, oregon 61 cents per share, down from $819 million, oregon $1.03 per stock past year. Adjusted EPS of 80 cents bushed the FactSet statement for 64 cents. Sales of $31.68 cardinal were up from $30.49 cardinal past twelvemonth and besides up of the FactSet statement for $30.64 billion. Digital income much than doubled, up 114%. Identical income excluding substance fell 0.6%, up of the FactSet statement for a 3.2% decline. On a two-year stack, identical income were up 14%. Kroger raised its full-year adjusted EPS guidance to $3.25 to $3.35, up from erstwhile guidance of $2.95 to...