Kroger Co. has reported earnings per share of $0.98, meeting analyst expectations. However, revenue reached $33.63 billion, falling short of estimates, which showed a predicted $34.19 billion.

The proposed merger with Albertsons faces significant hurdles due to legal challenges from the Federal Trade Commission (FTC). As Kroger navigates these challenges, its ability to maintain market stability remains in focus.

Despite the recent revenue miss, Kroger’s adjusted EPS of $0.98 demonstrates effective core operations. Interim CFO Todd Foley noted positive consumer trends that should contribute to sales increases in the coming quarters.

Financial metrics reveal a moderate market valuation for Kroger, including a P/E ratio of 15.70 and a current ratio of 1.54. These figures indicate the company’s financial health, although its debt-to-equity ratio of 2.31 points to higher leverage in its financial structure.