Kroger beats by $0.16, beats on revs; guides FY22 EPS above consensus
- Reports Q2 (Jul) earnings of $0.80 per share, $0.16 better than the S&P Capital IQ Consensus of $0.64; revenues rose 3.9% year/year to $31.68 bln vs the $30.69 bln S&P Capital IQ Consensus.
- Identical Sales without fuel decreased 0.6%; two-year stack increased 14.0%
- Co issues upside guidance for FY22, sees EPS of $3.25-3.35 vs. $3.10 S&P Capital IQ Consensus.
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