KR Q3 2025 Earnings
Reported Dec 4, 2025 at 8:06 AM ET · SEC Source
Q3 25 EPS
$1.05
BEAT +1.69%
Est. $1.03
Q3 25 Revenue
$33.86B
MISS 0.94%
Est. $34.18B
vs S&P Since Q3 25
+2.4%
BEATING MARKET
KR +7.5% vs S&P +5.1%
Market Reaction
Did KR Beat Earnings? Q3 2025 Results
Kroger delivered a tale of two earnings stories in its third quarter of fiscal 2025, as a $2.58 billion impairment charge tied to its automated fulfillment network drove a GAAP loss of $2.02 per share, while the underlying business held firm. Adjuste… Read more Kroger delivered a tale of two earnings stories in its third quarter of fiscal 2025, as a $2.58 billion impairment charge tied to its automated fulfillment network drove a GAAP loss of $2.02 per share, while the underlying business held firm. Adjusted EPS came in at $1.05, edging past the Wall Street consensus of $1.03 by 1.69%, though revenue of $33.86 billion fell just short of the $34.18 billion estimate, a 0.94% miss, despite growing 0.7% year over year. The standout fundamental driver was eCommerce, where sales surged 17%, reinforcing management's expectation that the digital business will turn profitable in 2026 following completion of its strategic review. Identical sales without fuel accelerated to 2.6%, and gross margin widened to 22.8% from 22.4%, buoyed by lower shrink and private-label strength. Kroger, considered by many a recession-resistant consumer staple, narrowed its full-year adjusted EPS guidance to $4.75–$4.80 and tightened its identical sales outlook to 2.8%–3.0%.
Key Takeaways
- • eCommerce sales increased 17%
- • Identical sales without fuel increased 2.6%
- • Our Brands performance contributed to gross margin improvement
- • Lower supply chain costs improved profitability
- • Lower shrink improved gross margin
- • Pharmacy sales growth driving revenue mix shift
- • Sale of Kroger Specialty Pharmacy improved FIFO gross margin rate by 25 basis points
KR YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
“Kroger delivered another quarter of strong results reflecting meaningful progress on our strategic priorities. Our eCommerce business posted another quarter of impressive performance. We have now completed our strategic review which we expect will make our eCommerce business profitable in 2026.”
— Ron Sargent, Q3 2025 Earnings Press Release
KR Earnings Trends
KR vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
KR EPS Trend
Earnings per share: estimate vs actual
KR Revenue Trend
Quarterly revenue: estimate vs actual
KR Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $1.46 | $1.49 | +2.23% | $45.12B | -0.42% |
| Q4 25 BEAT FY | $1.20 | $1.28 | +6.67% | $34.73B | — |
| FY Full Year | $4.80 | $4.85 | +1.03% | $147.64B | -0.28% |
| Q3 25 BEAT | $1.03 | $1.05 | +1.69% | $33.86B | -0.94% |
| Q2 25 BEAT | $1.00 | $1.04 | +4.25% | $33.94B | -0.62% |