SUBSEQUENT EVENT

4 Months Ended

May. 23, 2015

SUBSEQUENT EVENT

SUBSEQUENT EVENT

11. SUBSEQUENT  EVENT

On June 25, 2015, the Company’s Board of Directors approved a two-for-one stock split of The Kroger Co.’s common shares in the form of a 100% stock dividend. Shareholders of record at the close of business on July 6, 2015 will receive one additional common share, with a par value of $1 per share, for each common share owned on that date. The additional shares are expected to be distributed on or about July 13, 2015.

All numbers of shares outstanding and per share amounts in the Consolidated Financial Statements and Notes to Unaudited Consolidated Financial Statements are presented on a pre-split basis. Subsequent to the distribution date, all historical numbers of shares outstanding and per share amounts presented in future financial statements will be retroactively adjusted.

Pro-forma unaudited earnings per share are as follows, giving retroactive effect to the stock split:

	First Quarter Ended					First Quarter Ended
	May 23, 2015					May 24, 2014
As reported:	Earnings (Numerator)		Shares (Denominator)	Per Share Amount		Earnings (Numerator)		Shares (Denominator)	Per Share Amount
Net earnings attributable to The Kroger Co. per basic common share	$	613	484	$	1.27	$	497	501	$	0.99
Dilutive effect of stock options			8					6
Net earnings attributable to The Kroger Co. per diluted common share	$	613	492	$	1.25	$	497	507	$	0.98

	First Quarter Ended					First Quarter Ended
	May 23, 2015					May 24, 2014
Pro-forma:	Earnings (Numerator)		Shares (Denominator)	Per Share Amount		Earnings (Numerator)		Shares (Denominator)	Per Share Amount
Net earnings attributable to The Kroger Co. per basic common share	$	613	969	$	0.63	$	497	1,002	$	0.50
Dilutive effect of stock options			14					12
Net earnings attributable to The Kroger Co. per diluted common share	$	613	983	$	0.62	$	497	1,014	$	0.49