Kroger Company (KR)
Gross profit margin
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 33,403,000 | 31,650,000 | 30,239,000 | 31,778,000 | 29,848,000 |
| Revenue | US$ in thousands | 147,123,000 | 149,598,000 | 150,039,000 | 148,258,000 | 147,723,000 |
| Gross profit margin | 22.70% | 21.16% | 20.15% | 21.43% | 20.21% |
January 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $33,403,000K ÷ $147,123,000K
= 22.70%
Based on the data provided, Kroger Company's gross profit margin has been fluctuating over the years. In January 28, 2023, the gross profit margin was 20.21%, which increased to 21.43% by January 31, 2023. However, it slightly dropped to 20.15% by January 31, 2024, before increasing to 21.16% by February 3, 2024. In the most recent data point, January 31, 2025, the gross profit margin significantly improved to 22.70%.
Overall, the trend in Kroger Company's gross profit margin shows some volatility, with fluctuations in the percentage over the years. It is important for the company to monitor and manage its cost of goods sold effectively to sustain and improve its gross profit margin in the long term.
Peer comparison
Jan 31, 2025