Kroger has posted a net loss of $1.32bn for the third quarter (Q3) of 2025, reversing from net income of $618m in the same quarter a year earlier. 

The supermarket and multi-department store operator reported an operating loss of $1.54bn for the period, compared with operating profit of $828m in the third quarter of 2024. 

Quarterly sales edged up to $33.85bn, slightly above the $33.63bn recorded a year previously.  

Identical sales, excluding fuel, increased 2.6% in the quarter.

Gross margin for the three-month period was 22.8% of sales, up from 22.4% in the corresponding quarter of 2024.

For the full year, Kroger now anticipates adjusted earnings of $4.75 to $4.80 per share, narrowing and slightly raising the lower end of its previous forecast of $4.70 to $4.80 per share. 

The company expects identical sales, excluding fuel, to grow between 2.8% and 3% in 2025. The midpoint of this range is below projections of a 3.14% increase.  

In September 2025, Kroger guided for identical sales growth of 2.7% to 3.4%. 

It has maintained its outlook for annual operating income at $4.8bn to $4.9bn, and reiterated its full-year capital expenditure plan of between $3.6bn and $3.8bn. 

Chairman and CEO Ron Sargent stated: “Kroger delivered another quarter of strong results reflecting meaningful progress on our strategic priorities. Our e-commerce business posted another quarter of impressive performance.  

“We have now completed our strategic review which we expect will make our e-commerce business profitable in 2026.”