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Kroger Shares Fall After Lowering 2026 Identical Sales Forecast

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Kroger reported second-quarter adjusted EPS of $1.09 and sales of $34.62 billion, both above expectations. Identical sales excluding fuel rose 0.2%, down from 3.4% a year earlier, as the company cited a roughly 140-basis-point IRA headwind. For fiscal 2026, it now expects identical sales excluding fuel of 0.2% to 0.8%, versus 1% to 2% previously, while keeping full-year adjusted EPS guidance unchanged at $5.10 to $5.30.

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