The Kroger Co. (NYSE:KR) Q3 2022 Earnings Call Transcript

Gary Millerchip: I think probably similar to what we have shared earlier, I think overall, as we are looking at the way the customer is changing behavior, as Rodney mentioned, trips improving, generally fairly consistent, I would say, over the year, but we are seeing higher trips from those loyal shoppers that have traditionally shopped in many different retailers for different categories and now seeing that trip consolidate to Kroger. I think is an important trend that we have seen throughout the year and continue to accelerate in the third quarter.

Rodney McMullen: Yes. Gary, I think that’s a great point and thanks for the questions. And for everyone, thank you for joining us today. As always, I always like to share a few comments directly with our associates listening in because so many of our associates take the time to do that, which we appreciate. This is the time of year we truly shine. Our special holiday film made clear. We create the opportunity for our customers to transform today’s holiday moments into tomorrow’s memories. We have had the pleasure to hear from countless associates, former associates and customers about just how touching this film has been. I know I can’t watch it without getting a tear in my eye. And just reminding all of us how special it is to share favorite meals with those we love most.

Thank you to our teams who put this together. Thank you for our teams who make the memories happen. It’s a wonderful way to kick off the holiday season. As we all prepare together with our loved ones, I am so incredibly proud of our associates across the Kroger family of companies. We have accomplished so much this year. Thank you for the many ways you serve our communities and uplift our customers and each other. This concludes our call for today. We wish everyone a happy holiday season, Merry Christmas, Happy New Year and encourage you to stay safe. Thank you.

Operator: Thank you. This now concludes today’s call. Thank you so much for joining. You may now disconnect your lines.