Kroger Company Shares Take Off After Q1 - Here's Why
Kroger Company Shares Take Off After Q1 - Here's Why
Kroger Company (NYSE:KR) shares are trading higher after the company reported first-quarter earnings results, recording adjusted FIFO operating profit of $1.499 billion.
Kroger公司（NYSE：KR）股票價格上漲，因公司報告了第一季度的業績，並錄得15.99億美元的調整後FIFO營業利潤。
Quarterly sales totaled $45.3 billion, compared to $45.2 billion a year ago. Sales beat the street view of $45.04 billion.
季度銷售額爲453億美元，比去年同期的452億美元增長。其銷售額超過了市場預期的450.4億美元。
Kroger said it grew digital sales by more than 8%, with Delivery and Pickup combining for double-digit growth. For the first quarter, the gross margin was 22.4% of sales.
Kroger表示，數字銷售增長超過8％，其中送貨和自提結合增長兩位數。第一季度的毛利率佔銷售額的22.4％。
The FIFO gross margin rate, excluding fuel, decreased seven basis points year over year, owing to lower pharmacy margins and increased price investments.
FIFO毛利率率（不包括燃料）同比下降了七個點子，低於藥店利潤率和增加的價格投資所致。
The LIFO charge, an inventory valuation method, for the quarter reduced to $41 million, compared to $99 million in the year-ago period, thanks to lower inflation expectations.
使用庫存估值方法的LIFO收費在本季度減少到4,100萬美元，而去年同期爲9000萬美元，這要歸功於對通貨膨脹預期的下調。
The company reported adjusted earnings per share of $1.43, beating the analyst consensus of $1.34.
公司報告調整後每股收益爲1.43美元，超過分析師平均預期的1.34美元。
Kroger exited the quarter with cash plus temporary cash investments worth $2.8 billion. The company's long-term debt, including obligations under finance leases, is pegged at $12.02 billion. As of quarter end, its net total debt stood at $9.718 billion.
Kroger以28億美元的現金加暫時性現金投資退出本季度。該公司的長期債務，包括經營租賃的義務，爲120.2億美元。截至本季度末，其淨總債務爲97.18億美元。
The company expects to continue to pay its quarterly dividend and expects this to increase over time, subject to board approval.
公司預計將繼續支付其季度股息，並期望在董事會批准後增加其季度股息。
Kroger has paused its share repurchase program to prioritize de-leveraging following the proposed merger with Albertsons Companies, Inc. (NYSE:ACI).
Kroger已暫停其股份回購計劃，以優先償還Albertsons Companies, Inc.（NYSE:ACI）提出的合併計劃。
"The long-term investments we have made to strengthen and diversify our model enables us to manage economic cycles and gives us the confidence to deliver on our full-year outlook," said CEO Rodney McMullen.
首席執行官羅德尼·麥克馬倫說：“我們長期以來不斷加強和多元化模式的投資使我們能夠管理經濟週期，並讓我們有信心實現我們本年度的預期。”
FY24 Outlook Reiterated: Kroger sees identical sales without fuel 0.25%–1.75%. The company projects adjusted EPS of $4.30-$4.50 for FY24 (consensus $4.43).
FY24展望重申：Kroger認爲其可比銷售額（不包括燃料）爲0.25%至1.75%。公司預計FY24調整後每股收益爲4.3-4.5美元（共識4.43美元）。
The company sees an adjusted free cash flow of $2.5 billion-$2.7 billion, with capital expenditures of $3.4 billion-$3.6 billion.
公司預計調整後的自由現金流爲25億至27億美元，資本支出爲34億至36億美元。
Price Action: KR shares are trading higher by 3.91% to $54.01 premarket at last check Thursday.
股票價格行情：KR股票價格上漲3.91％，報54.01美元，週四最後一次查看時爲盤前交易。
Photo via Wikimedia Commons
照片通過Wikimedia Commons
譯文內容由第三人軟體翻譯。