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Kroger's Q125 Report announced the closure of 60 stores, but locations were not detailed, although industry & union speculation have listed 20 stores but none in California.
6-25-2025 6:01pm
Kroger Q125 Report Announces 60 Closures; Stockholder Meeting is 6/26/25
Lorraine Mabbett
Editor
First Quarter Highlights - Download (opens in new window)
- Identical Sales without fuel increased 3.2%*
- Operating Profit of $1,322 million; EPS of $1.29
- Adjusted FIFO Operating Profit of $1,518 million and Adjusted EPS of $1.49
- eCommerce sales increased 15%
"In the first quarter, Kroger recognized an impairment charge of $100 million related to the planned closing of approximately 60 stores over the next 18 months. As a result of these store closures, Kroger expects a modest financial benefit. Kroger is committed to reinvesting these savings back into the customer experience, and as a result, this will not impact full-year guidance. Kroger will offer roles in other stores to all associates currently employed at affected stores."
About Kroger
At The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: To Feed the Human Spirit™.
We are, across our family of companies nearly 410,000 associates who serve over 11 million customers daily through an eCommerce and store experience under a variety of banner names, serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities. To learn more about us, visit our newsroom and investor relations site.
Kroger's first quarter 2025 ended on May 24, 2025.
The Kroger Co. - Events & Presentations
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