The Kroger (KR) 10-K Summary — Year Ended Feb 1, 2025
The Kroger Co. filed its annual report for the period ended February 1, 2025. The filing describes the company's business, risk factors, financial condition, and liquidity.
Key takeaway
Year ended Feb 1, 2025 · FY2025 10-K
The Kroger Co. filed its annual report for the period ended February 1, 2025. The filing describes the company's business, risk factors, financial condition, and liquidity.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$147.1B
Revenue reported for the fiscal year.
Operating income
$3.8B
Income from operations reported for the year.
Net income
$2.7B
Net income reported for the year.
Operating cash flow
$5.8B
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% |
| Feb 1, 2025 | $147.1B | -1.9% |
Business overview
The company operates as a retailer, offering food and pharmacy products. Its business overview is described in Item 1 of the filing.
Financial performance
Revenue for the period was reported at a level lower than the prior comparable period. Operating income and net income were also disclosed, with operating cash flow decreasing compared to the prior period.
Material risks
Risk factors are detailed in Item 1A of the filing. These include potential impacts from opioid-related settlement charges and changes in inventory management. The company also notes risks from pharmacy receivable timing and health and wellness sales fluctuations.
Liquidity and capital
Net cash provided by operating activities decreased compared to the prior period, primarily due to changes in long-term liabilities and inventory levels. The company used cash for investing and financing activities.
What to watch
Monitor changes in operating cash flow trends, particularly related to inventory management and pharmacy receivable collections.