v3.26.1
EARNINGS PER COMMON SHARE
4 Months Ended
May 23, 2026
EARNINGS PER COMMON SHARE  
EARNINGS PER COMMON SHARE

4.

EARNINGS PER COMMON SHARE

Net earnings attributable to The Kroger Co. per basic common share equals net earnings attributable to The Kroger Co. less income allocated to participating securities divided by the weighted-average number of common shares outstanding. Net earnings attributable to The Kroger Co. per diluted common share equals net earnings attributable to The Kroger Co. less income allocated to participating securities divided by the weighted-average number of common shares outstanding, after giving effect to dilutive stock options. The following table provides a reconciliation of net earnings attributable to The Kroger Co. and shares used in calculating net earnings attributable to The Kroger Co. per basic common share to those used in calculating net earnings attributable to The Kroger Co. per diluted common share:

First Quarter Ended

First Quarter Ended

May 23, 2026

May 24, 2025

 

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Per

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Per

Earnings

Shares

Share

Earnings

Shares

Share

(Numerator)

(Denominator)

Amount

(Numerator)

(Denominator)

Amount

Net earnings attributable to The Kroger Co. per basic common share

$

897

 

613

$

1.46

$

860

 

660

$

1.30

Dilutive effect of stock options

 

2

 

4

Net earnings attributable to The Kroger Co. per diluted common share

$

897

 

615

$

1.46

$

860

 

664

$

1.29

The Company had combined undistributed and distributed earnings to participating securities totaling $6 in both the first quarters of 2026 and 2025.

The Company had options outstanding for approximately 2 million and 1 million shares during the first quarters of 2026 and 2025, respectively, that were excluded from the computations of net earnings per diluted common share because their inclusion would have had an anti-dilutive effect on net earnings per share.