(Updates with share movement in the lede and headline)
Kroger (KR) shares were down over 8% in Thursday trading following its fiscal Q1 results.
Earlier, the firm reported Q1 adjusted earnings of $1.58 per diluted share, up from $1.49 a year earlier.
Analysts polled by FactSet expected $1.59.
Sales for the quarter ended May 23 were $46.12 billion, up from $45.12 billion a year earlier.
Analysts surveyed by FactSet expected $45.59 billion.
For 2026, the company continues to expect adjusted EPS of $5.10 to $5.30. Analysts expect $5.23.
Price: $56.74, Change: $-5.08, Percent Change: -8.22%