Kroger Co. Files 10-Q, Details Financials
Ticker: KR · Form: 10-Q · Filed: Dec 13, 2024 · CIK: 56873
Sentiment: neutral
Topics: 10-Q, financials, retail
TL;DR
Kroger's 10-Q is in, showing updated financials for retained earnings & more.
AI Summary
The Kroger Co. filed its 10-Q for the period ending November 9, 2024. The filing details financial information for the company, including balances for retained earnings, treasury stock, and noncontrolling interests as of various dates in 2024. Specific financial statement data points like accumulated other comprehensive income are also noted.
Why It Matters
This filing provides investors with an updated look at Kroger's financial health and equity structure, crucial for understanding the company's performance and stability.
Risk Assessment
Risk Level: low — This filing is a routine quarterly report and does not indicate any immediate or significant new risks.
Key Numbers
- 20241109 — Fiscal Period End Date (Indicates the end of the reporting quarter.)
- 0000056873 — Central Index Key (Unique identifier for The Kroger Co. in SEC filings.)
- OH — State of Incorporation (Indicates Kroger's legal domicile.)
Key Players & Entities
- KROGER CO (company) — Filer of the 10-Q
- 0000056873 (company) — Central Index Key for Kroger Co.
- 20241109 (date) — End of the reporting period
- 5137624000 (dollar_amount) — Business phone number
FAQ
What is the total value of retained earnings as of November 9, 2024?
The filing indicates 'us-gaap:RetainedEarningsMember' as of '2024-11-09', but the specific dollar amount is not provided in this excerpt.
What was the reporting period for this 10-Q filing?
The Conformed Period of Report is 20241109, meaning the filing covers the period ending November 9, 2024.
What is Kroger's primary business classification?
Kroger Co. is classified under 'RETAIL-GROCERY STORES [5411]'.
When was this 10-Q filing submitted to the SEC?
The filing was submitted on 20241213.
Are there any specific financial instruments mentioned as terminated?
Yes, 'kr:TerminatedForwardInterestSwapsMember' is mentioned with associated dates in August and January of 2023.
Filing Stats: 4,962 words · 20 min read · ~17 pages · Grade level 18.9 · Accepted 2024-12-13 16:14:32
Key Financial Figures
- $1.00 — h exchange on which registered Common, $1.00 Par Value KR New York Stock Exchang
Filing Documents
- kr-20241109x10q.htm (10-Q) — 2375KB
- kr-20241109xex31d1.htm (EX-31.1) — 14KB
- kr-20241109xex31d2.htm (EX-31.2) — 14KB
- kr-20241109xex32d1.htm (EX-32.1) — 9KB
- kr-20241109x10q004.jpg (GRAPHIC) — 3KB
- 0001558370-24-016233.txt ( ) — 7276KB
- kr-20241109.xsd (EX-101.SCH) — 39KB
- kr-20241109_cal.xml (EX-101.CAL) — 61KB
- kr-20241109_def.xml (EX-101.DEF) — 157KB
- kr-20241109_lab.xml (EX-101.LAB) — 386KB
- kr-20241109_pre.xml (EX-101.PRE) — 255KB
- kr-20241109x10q_htm.xml (XML) — 1100KB
– FINANCIAL INFORMATION
PART I – FINANCIAL INFORMATION Item 1.
Financial Statements
Financial Statements. THE KROGER CO. CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) Third Quarter Ended Three Quarters Ended November 9, November 4, November 9, November 4, (In millions, except per share amounts) 2024 2023 2024 2023 Sales $ 33,634 $ 33,957 $ 112,815 $ 112,975 Operating expenses Merchandise costs, including advertising, warehousing, and transportation, excluding items shown separately below 25,948 26,477 87,332 88,032 Operating, general and administrative 5,898 5,646 19,388 19,974 Rent 203 201 672 671 Depreciation and amortization 757 721 2,486 2,396 Operating profit 828 912 2,937 1,902 Other income (expense) Net interest expense ( 86 ) ( 94 ) ( 294 ) ( 341 ) Non-service component of company-sponsored pension plan benefits 3 7 9 24 (Loss) gain on investments ( 20 ) 26 ( 125 ) 317 Gain on the sale of business 79 — 79 — Net earnings before income tax expense 804 851 2,606 1,902 Income tax expense 187 204 568 472 Net earnings including noncontrolling interests 617 647 2,038 1,430 Net (loss) income attributable to noncontrolling interests ( 1 ) 1 7 2 Net earnings attributable to The Kroger Co. $ 618 $ 646 $ 2,031 $ 1,428 Net earnings attributable to The Kroger Co. per basic common share $ 0.85 $ 0.89 $ 2.79 $ 1.97 Average number of common shares used in basic calculation 723 719 722 718 Net earnings attributable to The Kroger Co. per diluted common share $ 0.84 $ 0.88 $ 2.77 $ 1.95 Average number of common shares used in diluted calculation 728 725 728 725 The accompanying notes are an integral part of the Consolidated Financial Statements. 2 THE KROGER CO. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) Third Quarter Ended Three Quarters Ended November 9, November 4, November 9, November 4, (In millions) 2024 2