Kroger's Financial Performance Exceeds Projections, Outlines Future Growth

Thursday, 7 March 2024, 13:07

Kroger's recent financial report reveals surpassing analysts' expectations with Q4 Non-GAAP EPS of $1.34, higher than estimates. The revenue of $37.1B, showing a 6.5% Y/Y increase, exceeded projections, highlighting the company's solid financial standing. Kroger's positive FY24 outlook and strong net total debt to adjusted EBITDA ratio of 1.33 indicate a promising future growth trajectory for the company.

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Kroger Financial Report Overview

Kroger press release: Q4 Non-GAAP EPS of $1.34 surpasses estimates by $0.21. Revenue of $37.1B, up by 6.5% year-over-year, exceeds expectations by $40M. Kroger's net total debt to adjusted EBITDA ratio is 1.33, demonstrating a strong financial position for the company.

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Kroger Financial Report Overview

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