The Kroger (KR) 10-K Summary — Year Ended Feb 3, 2024
The company reported an increase in revenue and positive operating cash flow for the period. The filing discusses inventory management improvements and the impact of opioid settlement charges on liabilities.
Key takeaway
Year ended Feb 3, 2024 · FY2025 10-K
The company reported an increase in revenue and positive operating cash flow for the period. The filing discusses inventory management improvements and the impact of opioid settlement charges on liabilities.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$150B
Revenue reported for the fiscal year.
Operating income
$3.1B
Income from operations reported for the year.
Net income
$2.2B
Net income reported for the year.
Operating cash flow
$6.8B
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% |
| Feb 3, 2024 | $150B | +1.2% |
Business overview
The supplied filing does not include a narrative description of the company's business in the provided sections.
Financial performance
Revenue increased compared to the prior year. Operating income and net income were reported at levels reflecting the period's performance. Operating cash flow was positive.
Material risks
The supplied filing does not include a description of risk factors in the provided sections.
Liquidity and capital
Operating activities generated cash, while investing and financing activities used cash, leading to a net increase in cash and temporary cash investments.
What to watch
The company's opioid settlement obligations and their impact on long-term liabilities should be monitored in the next filing.