Kroger Q1 Earnings Preview: Digital Growth and Tariff Winds Fuel 30% Stock Rally
Kroger's stock surge reflects the market's reward for consistent execution. With nine consecutive quarters of EPS beats and digital sales momentum, the grocer defies retail sector headwinds. Analysts anticipate $1.46 EPS despite projected 0.2% revenue dip—a testament to operational efficiency in inflationary times.
Citi's neutral stance at $65 price target suggests baked-in optimism. The 2.5% expected same-store sales growth underscores Kroger's pricing power, though looming competition and economic uncertainty may temper full-year guidance. This earnings call will test whether grocery stocks remain defensive plays as consumer wallets tighten.