CINCINNATI, OH - The Kroger Co. reported its first quarter 2025 results, updated 2025 identical sales without fuel guidance, and shared our progress on key priorities.

Comments from Chairman and CEO Ron Sargent

"Kroger delivered solid first quarter results, with strong sales led by pharmacy, eCommerce, and fresh. We made good progress in streamlining our priorities, enhancing customer focus, and running great stores to improve the shopping experience. Our commitment to driving growth in our core business and moving with speed positions us well for the future. We are confident in our ability to build on our momentum, deliver value for customers, invest in associates, and generate attractive returns for shareholders."

First Quarter Financial Results

Total company sales were $45.1 billion in the first quarter compared to $45.3 billion for the same period last year, which included $917 million from Kroger Specialty Pharmacy sales. Excluding fuel, Kroger Specialty Pharmacy, and adjustment items, sales increased 3.7% compared to the same period last year.

Gross margin was 23.0% of sales for the first quarter compared to 22.0% for the same period last year. The improvement in gross margin was primarily attributable to the sale of Kroger Specialty Pharmacy, lower shrink and lower supply chain costs, partially offset by the mix effect from growth in pharmacy sales, which have lower margins.

See the full report here.