Kroger Reports Q2 2026 Earnings and Discusses Operational Progress
On September 11, 2026, Kroger (KR) held its second-quarter earnings call for fiscal year 2026. CEO Gregory S. Foran highlighted progress in e-commerce, retail media growth, brand development—particularly in health and wellness—and talent recruitment efforts aimed at becoming America's favorite grocer. Despite a challenging macroeconomic environment with high fuel prices affecting consumer spending and lower drug prices reducing pharmacy sales by approximately 140 basis points, Kroger reported adjusted earnings per diluted share of $1.09. The company experienced modest identical sales growth without fuel of 0.2%, though the quarter was impacted by a cyclospora outbreak that reduced total company IDs by about 35 basis points in the final period. Foran emphasized operational execution, cost savings, and customer focus as key drivers for performance amid industry-wide top-line softness. Kroger remains committed to improving store operations with better inventory management, merchandising standards, and overall shopping experiences.
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