Earnings Snippet: Kroger Says Consumers Are Under Pressure -- WSJ

Dow Jones
Jun 18

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.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

June 18, 2026 10:25 ET (14:25 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10