Kroger Future Growth

Future criteria checks 1/6

Kroger is forecast to grow earnings and revenue by 4.7% and 1.5% per annum respectively. EPS is expected to grow by 5.4% per annum. Return on equity is forecast to be 19.2% in 3 years.

Key information

4.7%

Earnings growth rate

5.4%

EPS growth rate

Consumer Retailing earnings growth	6.8%
Revenue growth rate	1.5%
Future return on equity	19.2%
Analyst coverage	Good
Last updated	15 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

LSE:0JS2 - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
1/31/2027	154,815	3,178	2,989	7,221	14
1/31/2026	152,032	3,138	2,883	6,992	20
1/31/2025	149,126	2,895	2,206	6,289	20
8/17/2024	150,202	2,774	1,759	5,888	N/A
5/25/2024	150,143	2,132	2,090	6,270	N/A
2/3/2024	150,039	2,146	2,884	6,788	N/A
11/4/2023	147,797	1,903	2,304	6,028	N/A
8/12/2023	148,038	1,618	2,833	6,435	N/A
5/20/2023	148,823	2,521	2,895	6,256	N/A
1/28/2023	148,258	2,224	1,420	4,498	N/A
11/5/2022	146,484	2,369	1,870	4,737	N/A
8/13/2022	144,146	2,451	2,769	5,494	N/A
5/21/2022	141,190	2,189	2,497	5,036	N/A
1/29/2022	137,888	1,639	3,576	6,190	N/A
11/6/2021	135,577	1,004	2,898	5,709	N/A
8/14/2021	133,440	1,151	1,692	4,533	N/A
5/22/2021	132,247	1,498	1,839	4,826	N/A
1/30/2021	132,498	2,614	3,950	6,815	N/A
11/7/2020	130,654	2,954	3,686	6,513	N/A
8/15/2020	128,905	2,589	3,902	6,792	N/A
5/23/2020	126,584	2,073	3,716	6,641	N/A
2/1/2020	122,286	1,640	1,536	4,664	N/A
11/9/2019	121,679	1,573	1,406	4,479	N/A
8/17/2019	121,536	1,626	1,120	4,181	N/A
5/25/2019	121,381	1,835	954	4,064	N/A
2/2/2019	121,852	3,076	1,197	4,164	N/A
11/10/2018	124,597	3,666	1,163	4,092	N/A
8/18/2018	124,515	3,746	574	3,348	N/A
5/26/2018	124,099	3,594	N/A	3,472	N/A
2/3/2018	123,280	1,890	N/A	3,413	N/A
11/4/2017	119,242	1,545	N/A	3,870	N/A
8/12/2017	118,050	1,540	N/A	4,565	N/A
5/20/2017	117,018	1,570	N/A	4,502	N/A
1/28/2017	115,337	1,959	N/A	4,272	N/A
11/5/2016	113,891	2,013	N/A	4,528	N/A
8/13/2016	112,409	2,049	N/A	5,117	N/A
5/21/2016	111,383	2,098	N/A	5,241	N/A
1/30/2016	109,830	2,021	N/A	4,917	N/A
11/7/2015	108,872	1,979	N/A	4,624	N/A
8/15/2015	108,784	1,913	N/A	4,403	N/A
5/23/2015	108,555	1,827	N/A	4,167	N/A
1/31/2015	108,465	1,711	N/A	4,215	N/A
11/8/2014	106,480	1,617	N/A	4,040	N/A
8/16/2014	103,963	1,556	N/A	3,552	N/A
5/24/2014	101,339	1,527	N/A	3,707	N/A
2/1/2014	98,375	1,507	N/A	3,573	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0JS2's forecast earnings growth (4.7% per year) is above the savings rate (2.1%).

Earnings vs Market: 0JS2's earnings (4.7% per year) are forecast to grow slower than the UK market (14.7% per year).

High Growth Earnings: 0JS2's earnings are forecast to grow, but not significantly.

Revenue vs Market: 0JS2's revenue (1.5% per year) is forecast to grow slower than the UK market (3.5% per year).

High Growth Revenue: 0JS2's revenue (1.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 0JS2's Return on Equity is forecast to be low in 3 years time (19.2%).

Kroger Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

The Kroger Co. Provides Earnings Guidance for the Full-Year of 2024

the Kroger Co. Raises Earnings Guidance for the Full Year 2022

the Kroger Co. Raises Earnings Guidance for the Full Year 2022

The Kroger Co. Provides Earnings Guidance for 2022

the Kroger Co. Provides Earnings Guidance for 2022

The Kroger Co. Provides Earnings Guidance for the Full Year 2021

Recent updates

Baron & Budd P.C. Finalizes $1.37 Billion Settlement With Kroger in Nationwide Opioid Lawsuit

Upcoming dividend of US$0.32 per share

The Kroger Co. Announces the Launch of Harvest Collection from Sewing Down South for HD Designs

Second quarter dividend of US$0.32 announced

Second quarter 2025 earnings released: EPS: US$0.65 (vs US$0.25 loss in 2Q 2024)

Private Selection Harvest Apple Products Return to Kroger Just in Time for Fall

Upcoming dividend of US$0.32 per share

First quarter dividend increased to US$0.32

The Kroger Co. Approves Quarterly Dividend, Payable on September 1, 2024

First quarter 2025 earnings released: EPS: US$1.32 (vs US$1.33 in 1Q 2024)

Kroger Announces New Abound Pet Food Varieties

The Kroger Co., Annual General Meeting, Jun 27, 2024

The Kroger Co., Annual General Meeting, Jun 27, 2024

Upcoming dividend of US$0.29 per share

The Kroger Co Announces the Launch of SDS for HD

Fourth quarter dividend of US$0.29 announced

the Kroger Co. Declares Quarterly Dividend, Payable on June 1, 2024

New minor risk - Earnings quality

Full year 2024 earnings released: EPS: US$3.01 (vs US$3.15 in FY 2023)

The Kroger Co. Provides Earnings Guidance for the Full-Year of 2024

The Kroger Co. Announces CFO Changes

Insufficient new directors

Third quarter dividend of US$0.29 announced

The Kroger Co. Announces Products Such as Home Chef Fried Chicken and Private Selection Cinnamon Rolls and Crumb Cake

The Kroger Co. Declares Quarterly Dividend, Payable on March 1, 2024

New minor risk - Earnings quality

Third quarter 2024 earnings released: EPS: US$0.90 (vs US$0.55 in 3Q 2023)

Upcoming dividend of US$0.29 per share at 2.6% yield

Kroger Adds Hispanic-Inspired Mercado Brand to Exclusive Brands' Roster

The Kroger Co. Announces the Launch of New Doritos Flavor Exclusive to Kroger—Late Night Loaded Taco

The Kroger Co. Debuts Limited Edition Private Selection Harvest Apple Products

Second quarter 2024 earnings released: US$0.25 loss per share (vs US$1.01 profit in 2Q 2023)

The Kroger Co. Expects to Pay Quarterly Dividend

C&S Wholesale Grocers, Inc. entered into a definitive agreement to acquire Select Stores, Distribution Centers, Offices & Private Label Brands from The Kroger Co. (NYSE:KR) and Albertsons Companies, Inc. (NYSE:ACI) for $1.9 billion.

Kroger, Albertsons Reportedly in Talks to Sell Stores to C&S, Softbank

Upcoming dividend of US$0.29 per share at 2.3% yield

First quarter 2024 earnings released: EPS: US$1.34 (vs US$0.91 in 1Q 2023)

The Kroger Co., Annual General Meeting, Jun 22, 2023

Upcoming dividend of US$0.26 per share at 2.2% yield

Group VP recently sold US$1.2m worth of stock

Senior VP & CFO recently sold US$1.5m worth of stock

Insider recently sold US$182k worth of stock

Insider recently sold US$465k worth of stock

Full year 2023 earnings released: EPS: US$3.13 (vs US$2.20 in FY 2022)

Upcoming dividend of US$0.26 per share at 2.3% yield

The Kroger Co. Declares Quarterly Dividend, Payable on March 1, 2023

Insider recently sold US$85k worth of stock

the Kroger Co. Raises Earnings Guidance for the Full Year 2022

Third quarter 2023 earnings released: EPS: US$0.55 (vs US$0.64 in 3Q 2022)

the Kroger Co. Raises Earnings Guidance for the Full Year 2022

Upcoming dividend of US$0.26 per share

The Kroger Co. Announces Management Changes

Now 21% undervalued after recent price drop

The Kroger Co. (NYSE:KR) entered into a definitive agreement to acquire Albertsons Companies, Inc. (NYSE:ACI) for $18.8 billion.

Kroger in Merger Talks with Albertsons

Kroger Launches Annual Winter Wine Box

The Kroger Co. Declares Quarterly Dividend, Payable on December 1, 2022

The Kroger Co. (NYSE:KR) announces an Equity Buyback for $1,000 million worth of its shares.

Second quarter 2023 earnings released: EPS: US$1.02 (vs US$0.62 in 2Q 2022)

The Kroger Co. Announces New Smart Way Product Line

Upcoming dividend of US$0.26 per share

The Kroger Co Raises Quarterly Dividend by 24%, Payable on September 1, 2022

First quarter 2023 earnings released: EPS: US$0.92 (vs US$0.18 in 1Q 2022)

The Kroger Co. Provides Earnings Guidance for 2022

Carl Icahn Issues an Open Letter to Shareholders of The Kroger Co

The Kroger Co. Names Micheal Cristal as President of Its Delta Division

The Kroger Co., Annual General Meeting, Jun 23, 2022

Upcoming dividend of US$0.21 per share

Now 21% undervalued