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Kroger reports Q1 2026 results; to buy Giant Eagle for ~$1.65B

Kroger posted Q1 2026 revenue of $34.62B and EPS $1.05, citing eCommerce and fuel strength and productivity cuts. It agreed to acquire Giant Eagle for about $1.65B, with modest price-target trims referenced.

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Kroger Co. 05, with eCommerce and fuel supporting sales and productivity cuts helping reduce costs. 65B amid modest PT trims.