Kroger Co. (NYSE:KR) reported fiscal Q2 adjusted net earnings of $0.96 per diluted share, up from $0.90 a year earlier.
Analysts polled by Capital IQ expected $0.91.
Sales for the quarter ended Aug. 12 were $33.85 billion, down from $34.64 billion a year earlier.
Analysts surveyed by Capital IQ expected $34.12 billion.
Identical sales, excluding fuel, were up 1% year over year, compared with a 5.8% rise reported a year earlier.
Analysts polled by Capital IQ expected a 1.4% increase in same-store sales growth.
The retailer said it continues to expect fiscal 2023 adjusted net earnings in the range of $4.45 to $4.60 per diluted share and a 1%-to-2% growth in identical sales without fuel.
Analysts polled by Capital IQ expect normalized earnings of $4.51 per share and same-store sales growth of 1.9%.