Kroger Company Shares Take Off After Q1 - Here's Why
Kroger Company Shares Take Off After Q1 - Here's Why
Kroger Company (NYSE:KR) shares are trading higher after the company reported first-quarter earnings results, recording adjusted FIFO operating profit of $1.499 billion.
克羅格公司（紐約證券交易所代碼：KR）股價走高，此前該公司公佈了第一季度業績，調整後的FIFO營業利潤爲14.99億美元。
Quarterly sales totaled $45.3 billion, compared to $45.2 billion a year ago. Sales beat the street view of $45.04 billion.
季度銷售總額爲453億美元，而去年同期爲452億美元。銷售額超過了450.4億美元的街景。
Kroger said it grew digital sales by more than 8%, with Delivery and Pickup combining for double-digit growth. For the first quarter, the gross margin was 22.4% of sales.
克羅格表示，其數字銷售額增長了8％以上，送貨和提貨合計實現了兩位數的增長。第一季度的毛利率爲銷售額的22.4％。
The FIFO gross margin rate, excluding fuel, decreased seven basis points year over year, owing to lower pharmacy margins and increased price investments.
由於藥房利潤率下降和價格投資增加，不包括燃料在內的FIFO毛利率同比下降了七個點子。
The LIFO charge, an inventory valuation method, for the quarter reduced to $41 million, compared to $99 million in the year-ago period, thanks to lower inflation expectations.
由於通貨膨脹預期降低，本季度的LIFO費用（一種庫存估值方法）從去年同期的9900萬美元降至4100萬美元。
The company reported adjusted earnings per share of $1.43, beating the analyst consensus of $1.34.
該公司報告調整後的每股收益爲1.43美元，超過了分析師共識的1.34美元。
Kroger exited the quarter with cash plus temporary cash investments worth $2.8 billion. The company's long-term debt, including obligations under finance leases, is pegged at $12.02 billion. As of quarter end, its net total debt stood at $9.718 billion.
克羅格帶着價值28億美元的現金和臨時現金投資退出了本季度。該公司的長期債務，包括融資租賃下的債務，約爲120.2億美元。截至季度末，其淨負債總額爲97.18億美元。
The company expects to continue to pay its quarterly dividend and expects this to increase over time, subject to board approval.
該公司預計將繼續支付季度股息，並預計該股息將隨着時間的推移而增加，但須經董事會批准。
Kroger has paused its share repurchase program to prioritize de-leveraging following the proposed merger with Albertsons Companies, Inc. (NYSE:ACI).
在擬議與艾伯森公司（紐約證券交易所代碼：ACI）合併後，克羅格暫停了股票回購計劃，以優先考慮去槓桿化。
"The long-term investments we have made to strengthen and diversify our model enables us to manage economic cycles and gives us the confidence to deliver on our full-year outlook," said CEO Rodney McMullen.
首席執行官羅德尼·麥克穆倫表示：“我們爲加強和分散我們的模式而進行的長期投資使我們能夠管理經濟週期，並使我們有信心實現全年展望。”
FY24 Outlook Reiterated: Kroger sees identical sales without fuel 0.25%–1.75%. The company projects adjusted EPS of $4.30-$4.50 for FY24 (consensus $4.43).
重申24財年展望：克羅格預計，不含燃料的銷售額將保持不變，爲0.25％至1.75％。該公司預計，24財年調整後的每股收益爲4.30美元至4.50美元（共識爲4.43美元）。
The company sees an adjusted free cash flow of $2.5 billion-$2.7 billion, with capital expenditures of $3.4 billion-$3.6 billion.
該公司預計，調整後的自由現金流爲25億至27億美元，資本支出爲34億至36億美元。
Price Action: KR shares are trading higher by 3.91% to $54.01 premarket at last check Thursday.
價格走勢：週四最後一次盤前檢查時，韓國股價上漲3.91％，至54.01美元。
Photo via Wikimedia Commons
照片來自維基共享資源