The Kroger (KR) Revenue — Quarter Ended Nov 4, 2023
Revenue for the quarter was essentially flat compared to the prior quarter, while it declined relative to the same quarter last year. The company's trailing twelve-month revenue remained substantial.
Key takeaway
Quarter ended Nov 4, 2023 · FY2023 Q3
Revenue for the quarter was essentially flat compared to the prior quarter, while it declined relative to the same quarter last year. The company's trailing twelve-month revenue remained substantial.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$34B
Revenue reported for this quarter.
Quarter-over-quarter
+0.3%
Change from the immediately preceding quarter.
Year-over-year
-0.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$136.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Nov 5, 2022 | $34.2B | +7.3% |
| Jan 28, 2023 | $34.8B | +5.4% |
| Aug 12, 2023 | $33.9B | -2.3% |
| Nov 4, 2023 | $34B | -0.7% |
Revenue performance
Reported revenue decreased compared to the same quarter one year earlier, continuing a trend of year-over-year declines seen in the most recent quarters.
Quarterly comparison
Revenue showed a slight sequential increase from the immediately preceding quarter, reversing the prior quarter's decline. However, compared to the same quarter a year ago, revenue was lower.
What to watch
The filing context discusses risks related to the proposed Albertsons transaction and the opioid litigation settlement, which could affect future operating results.