The Kroger Co.

Filing.fyi holds only annual income-statement lines for Kroger for fiscal years 2019 through 2026, so this synthesis is limited to those figures. Revenue has been large and fairly stable, ranging from $121.16 billion in fiscal 2019 to $150.04 billion in fiscal 2024, and reached $147.64 billion in fiscal 2026. Profit has been far less steady. Operating income peaked at $4.13 billion in fiscal 2023 and was $1.89 billion in fiscal 2026, while net income was $3.11 billion in fiscal 2019 and $1.02 billion in fiscal 2026. Readers can verify these numbers against the company's income statement. No forensic scores are on file for this company, so the file contains no Beneish M-Score, Piotroski F-Score, Altman Z-Score, or Fog Index value, and this synthesis does not state one. The Beneish M-Score screens for possible earnings manipulation, the Piotroski F-Score counts simple financial-health signals, the Altman Z-Score estimates financial distress risk, and the Fog Index measures how hard text is to read. The absence of these scores here is not a clean result; each would need to be checked separately. The narrative side is also missing. With no MD&A, risk-factor, or classified news text on file, this analysis cannot test whether management's explanation for the fiscal 2026 profit decline matches the numbers. Readers may want to look at the MD&A section of the most recent annual report, where changes in operating income are usually discussed, and at the risk-factor section. Together, those would show whether the drop in operating income from $3.85 billion to $1.89 billion reflects identified cost pressures, one-time items, or something else.

Catalyst.The data provided for Kroger does not include MD&A text, so this paragraph cannot describe what management attributes results to. The reported figures show the direction of change. Revenues were $147.64 billion for the fiscal year ending January 31, 2026, compared with $147.12 billion the prior year, a gain of about 0.4%. Over the same comparison, operating income fell to $1.89 billion from $3.85 billion, and net income fell to $1.02 billion from $2.67 billion. Sales were broadly steady while earnings contracted sharply. The change appears to sit in costs or margins rather than top-line growth, but the data here does not explain the cause.

Hidden risk.The most visible tension is that a flat revenue line coexists with much weaker profit. Operating margin, calculated as operating income divided by revenues, moved from about 2.6% in fiscal 2025 to about 1.3% in fiscal 2026. Net margin moved from about 1.8% to about 0.7%. Operating income was $4.13 billion at its fiscal 2023 high in this dataset, so the fiscal 2026 level is well below that peak. Because no risk-factor text is on file, a reader cannot see which pressures management itself flags as material. Readers may want to check the risk-factor section of Kroger's annual report directly.