RSS   Newsletter   Contact   Advertise with us

Kroger sales $30.5 billion

Christian Fernsby ▼ | September 12, 2020
The Kroger Co. reported second quarter sales were $30.5 billion, compared to $28.2 billion, last year.
Kroger
Kroger   Excluding fuel, sales rose 13.9%
Excluding fuel, sales rose 13.9%.

Topics: Kroger

Identical sales without fuel grew 14.6%.

Digital sales grew 127%, for the quarter.

Analysts expected revenue of $29.95 billion, for the quarter.

CFO Gary Millerchip said: "As a result of our strong performance in the first half, the expectation of sustained trends in food at home consumption and confidence in our ability to execute against the Restock Kroger strategy, we are updating our full year 2020 guidance. There are still many uncertainties and, as a result, we are providing a wider guidance range."


 

MORE INSIDE POST