Kroger Co. KR, +2.05% reported a fourth-quarter net loss of $77.0 million, or 10 cents per share, after net income of $327.0 million, or 40 cents per share, last year. Adjusted EPS of 81 cents was ahead of the FactSet consensus of 69 cents. Sales of $30.74 billion were up from $28.89 billion and also ahead of the FactSet consensus for $30.83 billion. Digital sales more than doubled, up 118%. Identical sales excluding fuel were up 10.6%, also ahead of the FactSet consensus for 10.2% growth. Kroger is guiding for 2021 adjusted EPS of $2.75 to $2.95. The FactSet consensus is for EPS of $2.69. Kroger stock rose 1% in Thursday premarket trading, and was up 7.4% over the past year. The benchmark S&P 500 index SPX, -0.32% is up 22% for the period.
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