The Kroger (KR) 10-K Summary — Year Ended Jan 28, 2023
The filing covers Kroger's annual results for the most recent fiscal year. Revenue grew compared to the prior year, while operating cash flow declined.
Key takeaway
Year ended Jan 28, 2023 · FY2025 10-K
The filing covers Kroger's annual results for the most recent fiscal year. Revenue grew compared to the prior year, while operating cash flow declined.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$148.3B
Revenue reported for the fiscal year.
Operating income
$4.1B
Income from operations reported for the year.
Net income
$2.2B
Net income reported for the year.
Operating cash flow
$4.5B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 29, 2022 | $137.9B | n/a |
| Jan 28, 2023 | $148.3B | +7.5% |
Business overview
The filing's Business section only references general items and does not provide a narrative description of the company's operations within the supplied text. No specific business activities are detailed in the extracted content.
Financial performance
Total revenue increased from the prior year, and operating income and net income are reported for the period. Operating cash flow decreased compared to the prior year, although adjusted net earnings contributed a larger amount of cash generation.
Material risks
The supplied filing context does not include detailed risk factor descriptions beyond section references. No material risks are explicitly stated in the extracted text.
Liquidity and capital
Cash from operations was used for investing and financing activities, leading to a net decrease in cash. The company's working capital was affected by inflation, forward buying of inventory to protect margins, and timing of payments.
What to watch
Monitor the impact of inventory management and working capital changes, particularly related to inflation and forward buying, in the next filing.