By Patrick Thomas
Kroger shares are sliding after the biggest U.S. supermarket operator by sales said its costs-and consumers'-remain troubling.
"Our operating costs have been growing faster than our sales," said CEO Greg Foran. "That's not sustainable. And frankly, it's not acceptable."
Across Kroger's 2,700 stores, Foran said too many consumers are shopping for items on sale rather than their entire grocery list. Kroger this morning reported adjusted earnings that came in 1 cent below analysts' forecasts, though sales beat expectations.
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June 18, 2026 10:25 ET (14:25 GMT)
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