The Kroger Co. (NYSE: KR) shares tanked Thursday, on reporting its third-quarter 2025 results, updated guidance, and shared progress on key priorities.
The Cincinnati-based grocery chain also reported an operating loss of $(1,541) million; EPS of $(2.02). This figure include $2.6 billion in previously announced impairment and related charges ($3.00 loss per share) for automated fulfillment network
Adjusted FIFO Operating Profit of $1,089 million and Adjusted EPS of $1.05. The company also revealed eCommerce sales increased 17%.
Total company sales were $33.9 billion in the third quarter compared to $33.6 billion for the same period last year, which included $387 million from Kroger Specialty Pharmacy sales. Excluding fuel and Kroger Specialty Pharmacy, sales increased 2.6% compared to the same period last year.
To quote CEO Ron Sargent, "Kroger delivered another quarter of strong results reflecting meaningful progress on our strategic priorities. Our eCommerce business posted another quarter of impressive performance. We have now completed our strategic review which we expect will make our eCommerce business profitable in 2026.
“We continue to focus on what matters most – serving our customers, running great stores, and strengthening our core business. Our results show we are improving the customer experience and building a strong foundation for long-term growth."
Shares in KR opened Thursday lower by $2.64, 4%, to $63.57.
