Kroger Co. Files 10-Q: Financial Snapshot
Ticker: KR · Form: 10-Q · Filed: Sep 20, 2024 · CIK: 56873
Sentiment: neutral
Topics: 10-Q, financials, reporting
TL;DR
Kroger's 10-Q shows updated equity, retained earnings, and treasury stock as of Aug 17, 2024.
AI Summary
Kroger Co. filed its 10-Q for the period ending August 17, 2024. The filing details financial information including retained earnings, treasury stock, and noncontrolling interests as of various dates in 2024 and 2023. Specific financial statement line items and their balances are presented, reflecting the company's ongoing financial activities and reporting.
Why It Matters
This filing provides investors and analysts with a detailed look at Kroger's financial health and changes in equity accounts during the reporting period.
Risk Assessment
Risk Level: low — This filing is a routine financial disclosure and does not contain immediate, significant risk-altering information.
Key Numbers
- 2024-08-17 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial data is reported.)
- 2024-09-20 — Filing Date (The date the 10-Q report was officially submitted to the SEC.)
Key Players & Entities
- KROGER CO (company) — Filer of the 10-Q
- 20240817 (date) — End of the reporting period
- 20240920 (date) — Filing date
- 0000056873 (company) — Central Index Key for Kroger Co.
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the period ending August 17, 2024.
What is the filing date of this 10-Q?
This 10-Q filing was made on September 20, 2024.
What is the Central Index Key (CIK) for Kroger Co.?
The Central Index Key for Kroger Co. is 0000056873.
What is the fiscal year end for Kroger Co.?
Kroger Co.'s fiscal year ends on February 1st (0201).
What are some of the financial statement components mentioned in the filing data?
The filing data mentions components such as TreasuryStockCommonMember, RetainedEarningsMember, NoncontrollingInterestMember, and AdditionalPaidInCapitalMember.
Filing Stats: 4,952 words · 20 min read · ~17 pages · Grade level 18 · Accepted 2024-09-20 16:07:43
Key Financial Figures
- $1.00 — h exchange on which registered Common, $1.00 Par Value KR New York Stock Exchang
Filing Documents
- kr-20240817x10q.htm (10-Q) — 2273KB
- kr-20240817xex31d1.htm (EX-31.1) — 14KB
- kr-20240817xex31d2.htm (EX-31.2) — 14KB
- kr-20240817xex32d1.htm (EX-32.1) — 9KB
- kr-20240817x10q004.jpg (GRAPHIC) — 3KB
- 0001558370-24-012921.txt ( ) — 7382KB
- kr-20240817.xsd (EX-101.SCH) — 42KB
- kr-20240817_cal.xml (EX-101.CAL) — 68KB
- kr-20240817_def.xml (EX-101.DEF) — 180KB
- kr-20240817_lab.xml (EX-101.LAB) — 420KB
- kr-20240817_pre.xml (EX-101.PRE) — 283KB
- kr-20240817x10q_htm.xml (XML) — 1137KB
– FINANCIAL INFORMATION
PART I – FINANCIAL INFORMATION Item 1.
Financial Statements
Financial Statements. THE KROGER CO. CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) Second Quarter Ended Two Quarters Ended August 17, August 12, August 17, August 12, (In millions, except per share amounts) 2024 2023 2024 2023 Sales $ 33,912 $ 33,853 $ 79,181 $ 79,018 Operating expenses Merchandise costs, including advertising, warehousing, and transportation, excluding items shown separately below 26,261 26,475 61,385 61,555 Operating, general and administrative 5,886 6,935 13,490 14,328 Rent 199 206 469 470 Depreciation and amortization 751 716 1,728 1,674 Operating profit (loss) 815 ( 479 ) 2,109 991 Other income (expense) Interest expense ( 84 ) ( 93 ) ( 207 ) ( 247 ) Non-service component of company-sponsored pension plan benefits 3 8 6 17 (Loss) gain on investments ( 121 ) 367 ( 105 ) 290 Net earnings (loss) before income tax expense 613 ( 197 ) 1,803 1,051 Income tax expense (benefit) 148 ( 18 ) 382 268 Net earnings (loss) including noncontrolling interests 465 ( 179 ) 1,421 783 Net income (loss) attributable to noncontrolling interests ( 1 ) 1 8 1 Net earnings (loss) attributable to The Kroger Co. $ 466 $ ( 180 ) $ 1,413 $ 782 Net earnings (loss) attributable to The Kroger Co. per basic common share $ 0.64 $ ( 0.25 ) $ 1.94 $ 1.08 Average number of common shares used in basic calculation 723 719 722 718 Net earnings (loss) attributable to The Kroger Co. per diluted common share $ 0.64 $ ( 0.25 ) $ 1.93 $ 1.07 Average number of common shares used in diluted calculation 727 719 728 725 The accompanying notes are an integral part of the Consolidated Financial Statements. 2 THE KROGER CO. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) Second Quarter Ended Two Quarters Ended August 17, August 12, August 17, August 12, (In millions) 20