Kroger (KR) shares are jumping Thursday morning as the grocery chain's better-than-expected quarterly earnings offset a soft outlook.

The company reported mixed quarterly results, with its fourth-quarter adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $1.14 surpassing consensus estimates from Visible Alpha. Its fourth-quarter revenue of $34.31 billion lagged estimates as did its outlook for 2025 of adjusted EPS of between $4.60 and $4.80.

The results are the grocery chain’s first quarterly report since its proposed merger with rival Albertsons () was 澳洲幸运5官方开奖结果体彩网:called off in December after a pair of judges sided with the 澳洲幸运5官方开奖结果体彩网:Federal Trade Commissions (FTC) and ruled that the merger would 澳洲幸运5官方开奖结果体彩网:likely result in lower wages and 澳洲幸运5官方开奖结果体彩网:higher prices as competition in the industry would decrease.

The grocery chain said earlier this week that CEO and Chairman Rodney McMullen had resigned after a probe on his personal ಞconduct, with Lead Director Ron Sargent appointed bꩲoard chair and interim CEO. 

Kroger shares are rising more than 2% Thursday, bringing their gains in the past 12 months above 25%.