Kroger (KR) closed the most recent trading day at $56.93, moving -2.7% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.72%. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 1.57%.
Coming into today, shares of the supermarket chain had lost 2.27% in the past month. In that same time, the Retail-Wholesale sector gained 4.88%, while the S&P 500 gained 3.68%.
The upcoming earnings release of Kroger will be of great interest to investors. The company's earnings report is expected on September 11, 2026. In that report, analysts expect Kroger to post earnings of $1.05 per share. This would mark year-over-year growth of 0.96%. Meanwhile, our latest consensus estimate is calling for revenue of $34.78 billion, up 2.47% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.21 per share and a revenue of $151.36 billion, indicating changes of +7.42% and +2.52%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Kroger. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Currently, Kroger is carrying a Zacks Rank of #4 (Sell).
Looking at its valuation, Kroger is holding a Forward P/E ratio of 11.23. This indicates a discount in contrast to its industry's Forward P/E of 14.54.
Also, we should mention that KR has a PEG ratio of 1.57. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Retail - Supermarkets was holding an average PEG ratio of 2.09 at yesterday's closing price.
The Retail - Supermarkets industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 167, this industry ranks in the bottom 33% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow KR in the coming trading sessions, be sure to utilize Zacks.com.
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The Kroger Co. (KR): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).