The Kroger (KR) Revenue — Quarter Ended Aug 17, 2024
Revenue for the quarter was essentially flat compared with the same quarter one year earlier. Sequentially, revenue declined from the immediately preceding quarter.
Key takeaway
Quarter ended Aug 17, 2024 · FY2024 Q2
Revenue for the quarter was essentially flat compared with the same quarter one year earlier. Sequentially, revenue declined from the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$33.9B
Revenue reported for this quarter.
Quarter-over-quarter
-8.5%
Change from the immediately preceding quarter.
Year-over-year
+0.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$138.8B
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 |
|---|---|---|
| Aug 12, 2023 | $33.9B | -2.3% |
| Nov 4, 2023 | $34B | -0.7% |
| Feb 3, 2024 | $37.1B | +6.4% |
| Aug 17, 2024 | $33.9B | +0.2% |
Revenue performance
The reported revenue remained stable year over year, reflecting no material change from the prior-year period. The sequential decline indicates a moderation from the previous quarter's level.
Quarterly comparison
Compared with the immediately preceding quarter, revenue decreased. Relative to the same quarter one year earlier, revenue was essentially unchanged.
What to watch
The filing context discusses risks related to the proposed Albertsons transaction, labor negotiations, and financial market conditions that could affect future performance.