Earnings release
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FRESH FOR EVERYONE TM Kroger Kroger Reports Strong Second Quarter Results and Raises Full - Year 2021 Guidance Second Quarter Highlights • ● Identical Sales without fuel decreased 0.6 % ; two - year stack increased 14.0 % Digital Sales two - year stack grew 114 % • • EPS of $ 0.61 ; Adjusted EPS of $ 0.80 Operating Profit of $ 839 million ; Adjusted FIFO Operating Profit of $ 947 million Alternative profit business continued strong growth tracking toward high end of annual expectations CINCINNATI , September 10 , 2021 -- The Kroger Co. ( NYSE : KR ) today reported its second quarter 2021 results and will update investors on how key initiatives are positioning the company for long - term sustainable growth . Comments from Chairman and CEO Rodney McMullen - " Our strategic focus on leading with fresh and accelerating with digital continues to build momentum across our business . Kroger's seamless ecosystem is working . This was evident during the quarter as we saw customers seamlessly shift between channels , and we continued to see strong digital engagement . Customers are eating more food at home because it is more affordable , convenient , and healthier than other options . " Our associates continue to support our customers and our communities through the pandemic by delivering a full , fresh , and friendly experience every day . We are committed to our environmental , social , and governance strategy to advance positive outcomes for people and our planet and create more resilient global systems , driven by our Zero Hunger | Zero Waste social and environmental impact plan . " We are leveraging technology , innovation , and our competitive moats to deliver against the initiatives outlined at our 2021 investor day , and we remain confident in our ability to deliver total shareholder returns of 8 % to 11 % over time . " 1