Kroger’s comp sales underwhelm as Foran focuses on store improvements
Kroger's identical sales excluding fuel increased 1% in Q1 2026, with overall sales up 2% to $46.1 billion. While e-commerce operations turned a profit for the first time, CEO Greg Foran emphasized the need for significant improvement in over half of the company's physical stores, citing a gap between high-performing and underperforming locations. He also highlighted the necessity for Kroger to expand its store footprint and clarify its value proposition to customers.
https://www.grocerydive.com/news/kroger-earnings-first-quarter-2026-ecommerce-pharmacy/823246/