(Updates with share movement in the lede and headline)

Kroger (KR) shares were down over 8% in Thursday trading following its fiscal Q1 results.

Earlier, the firm reported Q1 adjusted earnings of $1.58 per diluted share, up from $1.49 a year earlier.

Analysts polled by FactSet expected $1.59.

Sales for the quarter ended May 23 were $46.12 billion, up from $45.12 billion a year earlier.

Analysts surveyed by FactSet expected $45.59 billion.

For 2026, the company continues to expect adjusted EPS of $5.10 to $5.30. Analysts expect $5.23.

Price: 56.74, Change: -5.08, Percent Change: -8.22