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Jun 18, 2026 12:00 PM

Kroger Stock Crashes 10% On Triple Whammy: Missed Earnings, Squeezed Margins And Soft Outlook

The Kroger Co. (NYSE:KR) shares traded lower in Thursday’s premarket session after the grocery retailer reported mixed first-quarter results, with earnings narrowly missing Wall Street estimates despite stronger-than-expected revenue.

First-Quarter Results

Kroger reported adjusted earnings of $1.58 per share, missing the consensus estimate of $1.59. Revenue rose to $46.12 billion, topping analysts’ expectations of $45.47 billion.

Excluding fuel, identical sales increased 1.0% year over year. Sales excluding fuel and Vitacost increased 0.5% year over year.

Adjusted eCommerce sales climbed 19% from a year earlier. Profit from Kroger Precision Marketing increased by more than 20% year over ...