The Kroger (KR) Revenue — Quarter Ended Nov 9, 2024
Revenue for the quarter declined compared to both the prior quarter and the same quarter last year. The decrease reflects a continuation of the downward trend observed in recent periods.
Key takeaway
Quarter ended Nov 9, 2024 · FY2024 Q3
Revenue for the quarter declined compared to both the prior quarter and the same quarter last year. The decrease reflects a continuation of the downward trend observed in recent periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$33.6B
Revenue reported for this quarter.
Quarter-over-quarter
-0.8%
Change from the immediately preceding quarter.
Year-over-year
-1.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$138.6B
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 4, 2023 | $34B | -0.7% |
| Feb 3, 2024 | $37.1B | +6.4% |
| Aug 17, 2024 | $33.9B | +0.2% |
| Nov 9, 2024 | $33.6B | -1.0% |
Revenue performance
Reported revenue decreased from the immediately preceding quarter and from the same quarter one year earlier. The sequential and year-over-year declines were similar in magnitude.
Quarterly comparison
Compared with the prior quarter, revenue was lower, and it was also lower than the same quarter a year ago. The trend data shows revenue has been fluctuating over the past four quarters.
What to watch
The filing discusses risk factors including labor negotiations, competitive pricing, and the termination of a proposed merger, which may affect future revenue.