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0.003708281829419 -0.003708281829419 -0.000494437577255949 0 -0.0148331273176762 -0.00247218788627939 -0.0168108776266996 -0.0355995055624227
Stock impact report

Kohl's shares soar after earnings and sales beat, dividend raised [MarketWatch]

Kohl's Corporation (KSS) 
Last kohl's corporation earnings: 3/3 07:00 am Check Earnings Report
US:NYSE Investor Relations: corporate.kohls.com/investors
Company Research Source: MarketWatch
Kohl's shares soar after earnings and sales beat, dividend raised Kohl's Corp. KSS, -1.81% shares soared 9.5% in Tuesday premarket trading after the retailer reported fourth-quarter earnings and sales that beat expectations and the retailer raised its dividend. Net income totaled $265 million, or $1.72 per share, down from $272 million, or $1.67 per share, last year. Adjusted EPS was $1.99 per share, down from $2.24 per share last year but well ahead of the FactSet consensus for $1.88. Revenue totaled $6.83 billion up from $6.82 billion and well ahead of the FactSet outlook for $6.52 billion. Comparable sales were flat, beating the 0.1% decline that FactSet forecast. Kohl's raised its dividend 5% to $0.704 per share payable April 1, 2020 to shareholders of record at the close of business on March 18, 2020. For 2020, the company expects EPS of $4.20 to $4.60, and comparable sales from down 1% to up 1%. FactSet is forecasting EPS of $4.58 and a comparable sales decline of 1.3%. Kohl' Show less Read more
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