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Kroger Affirms FY24 Adj. EPS Outlook $4.30-$4.50 Vs. $4.44 Estimate, Sees Identical Sales +0.75% to +1.75%

Author: Benzinga Newsdesk | September 12, 2024 08:04am

Full-Year 2024 Guidance*

Reaffirmed

  • Adjusted FIFO Operating Profit of $4.6 – $4.8 billion
  • Adjusted net earnings per diluted share of $4.30 – $4.50
  • Adjusted Free Cash Flow of $2.5 – $2.7 billion**
  • Adjusted effective tax rate of 23%***

Updated

  • Identical Sales without fuel of 0.75% – 1.75%
  • Capital expenditures of $3.6 – $3.8 billion

Posted In: KR


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