Kroger reports solid Q4 results as e-commerce growth accelerates

CINCINNATI — The Kroger Co. reported higher fourth-quarter earnings and steady comparable sales growth, while emphasizing gains in digital sales and progress on strategic priorities under CEO Greg Foran.

For the fourth quarter ending Jan. 31, Kroger reported earnings per share of $1.35, up from $0.90 a year earlier. Adjusted EPS was $1.28, compared to $1.14 in the same period last year.

Same sales excluding fuel grew by 2.4%, while total sales increased to $34.7 billion, up from $34.3 billion in the same quarter last year. Operating profit was $1.25 billion, and adjusted FIFO operating profit was $1.21 billion.

“Kroger delivered a strong finish to the year, with improving market share trends and solid sales growth that reflect meaningful progress strengthening the business,” Foran said.

Digital continued to be a key growth driver, with adjusted e-commerce sales rising 20% in the quarter. Kroger generated over $16 billion in e-commerce sales during fiscal 2025.

For the full fiscal year, Kroger reported identical sales excluding fuel growth of 2.9% and adjusted EPS of $4.85, compared to $4.47 in 2024. Total company sales reached $147.6 billion.

Looking ahead, CFO David Kennerley said Kroger expects identical sales excluding fuel to increase between 1% and 2% in 2026, with adjusted EPS projected at $5.10 to $5.30.

“Our guidance reflects our ability to invest more aggressively in value for customers while improving gross margins, funded by e-commerce reaching profitability and productivity gains across the business,” Kennerley said.