Kroger: Reports Q1-2022 Results and Raises FY Guidance

Cincinnati / OH. (tkc) The Kroger Company reported its first quarter 2022 results and updated investors on how «Leading with Fresh» and «Accelerating with Digital» initiatives are positioning the Company for long-term sustainable growth.

Comments from Chairman and CEO Rodney McMullen

«Kroger achieved strong first quarter results as we successfully executed on our strategy of Leading with Fresh and Accelerating with Digital. We are incredibly proud of our associates who continue to put the customer at the center of everything we do.

«Our team is doing an outstanding job managing costs in an inflationary environment, which is allowing us to continue to invest in our associates while providing our customers the freshest food at affordable prices when and where they need it. We are delivering everyday value through personalized experiences, trusted Our Brands products, data-driven promotions, and seamless e-commerce solutions.

«Looking ahead, we are well positioned to continue delivering for our customers, investing in our associates, and driving sustainable returns for shareholders.»

For further information please view the company’s statement (PDF | 156 KB):