KR Reports Q2 2026 Revenue of $34.62B, $1.05 Diluted EPS; Proposes $1.65B Giant Eagle Acquisition
· The NYC Memo
Kroger Co. (KR) reported Q2 2026 revenue of $34,621 million, a 2.0% increase, and diluted earnings per share of $1.05. The company disclosed a proposed acquisition of Giant Eagle, Inc. for approximately $1.65 billion, comprising $1.25 billion in cash and $400 million in assumed debt. This acquisition is expected to close in fiscal year 2027.