KR Q4 2025 Earnings
Reported Mar 5, 2026 at 1:52 AM ET · SEC Source
Q4 25 EPS
$1.28
BEAT +6.67%
Est. $1.20
Q4 25 Revenue
$34.73B
vs S&P Since Q4 25
-5.1%
TRAILING MARKET
KR +0.6% vs S&P +5.8%
Full Year 2025 Results
FY 25 EPS
$4.85
BEAT +1.03%
Est. $4.80
FY 25 Revenue
$147.64B
MISS 0.28%
Est. $148.06B
Market Reaction
Did KR Beat Earnings? Q4 2025 Results
Kroger closed out fiscal 2025 on a mixed but ultimately encouraging note, posting fourth-quarter adjusted EPS of $1.28 against a consensus estimate of $1.20, a 6.67% beat, even as revenue of $34.73 billion came in 1.18% below expectations, though it … Read more Kroger closed out fiscal 2025 on a mixed but ultimately encouraging note, posting fourth-quarter adjusted EPS of $1.28 against a consensus estimate of $1.20, a 6.67% beat, even as revenue of $34.73 billion came in 1.18% below expectations, though it still represented a 1.2% increase year over year. The earnings strength was underpinned by meaningful gross margin expansion, with the rate climbing to 23.1% from 22.7%, as sourcing improvements, lower supply chain costs, and reduced shrink more than offset headwinds from pharmacy mix and ongoing price investments. Identical sales without fuel rose 2.4% in the quarter, while adjusted eCommerce sales surged 20%, pushing full-year online sales past $16.00 billion. New CEO Greg Foran, who took the helm emphasizing customer value and operational discipline, guided fiscal 2026 adjusted EPS to a range of $5.10 to $5.30, with identical sales growth of 1.0% to 2.0% and an expected $400.00 million improvement in eCommerce operating profit, a sign the company sees a credible path to profitability in that channel.
Key Takeaways
- • Identical sales without fuel increased 2.4% in Q4
- • Adjusted eCommerce sales increased 20% in Q4
- • Sourcing improvements and lower supply chain costs drove gross margin expansion
- • Lower shrink contributed to improved margins
- • Better fuel margins in Q4
- • Alternative profit businesses delivered $1.5 billion in operating profit for full year
- • eCommerce sales exceeded $16 billion for the full year
- • Pharmacy sales growth contributed to top-line but created margin mix headwinds
KR YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
“Kroger delivered a strong finish to the year, with improving market share trends and solid sales growth that reflect meaningful progress strengthening the business.”
— Greg Foran, Q4 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% |