
Kroger Q2 2026 Earnings: $34.6B of Sales, 0.2% Identical Growth, and a Guidance Cut
Kroger posted $34.6B in Q2 FY2026 sales (+2.0%) and $641M net earnings, but identical sales without fuel rose just 0.2% and full-year identical-sales guidance was cut to 0.2%–0.8% while adjusted EPS of $5.10–$5.30 was reaffirmed. We rebuild the quarter in a Beancount ledger to show how pharmacy, fuel, media, and eCommerce carry a 1.9%-net-margin grocer.