Kroger Targets About 3% Comparable-Sales Growth in 2029

07:20 AM EDT, 10/20/2026 (MT Newswires) -- Kroger (KR) said Tuesday it targets comparable sales growth of about 3% excluding fuel and pharmacy in 2029 as it launches a multi-year plan to strengthen its grocery business, improve customer value and accelerate growth, with a focus on digital sales and operational efficiency. The company said it plans to invest in fresh food, private-label products and its Boost membership program, grow e-commerce sales and retail media revenue, and reduce costs through direct sourcing, streamlined processes and greater use of technology and artificial intelligence. Kroger said it targets compound annual growth of 3% to 6% in adjusted EBITDA and 7% to 11% in adjusted net earnings per share from fiscal 2027 through fiscal 2029. The targets exclude the pending acquisition of Giant Eagle, it added. The company also reiterated its full-year 2026 guidance.