Kohl's stock rises after earnings and sales beat [MarketWatch]
Kohl's Corporation (KSS)
Last kohl's corporation earnings: 3/3 07:00 am
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corporate.kohls.com/investors
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Source: MarketWatch
Kohl's stock rises after earnings and sales beat Kohl's Corp. KSS, +5.91% stock rose 4.2% in Tuesday premarket trading after the retailer reported second-quarter earnings and sales that beat expectations. Net income totaled $241 million, or $1.51 per share, down from $292 million, or $1.76 per share. Adjusted EPS of $1.55 beat the FactSet consensus for $1.53. Revenue of $4.43 billion was down from $4.57 billion last year but ahead of the FactSet guidance for $4.31 billion. Kohl's had a same-store sales decline of 2.9%, below the 2.4% decline FactSet forecast. Chief Executive Michelle Gass said in a statement that same-store sales turned positive during the last six weeks of the quarter with 1% growth. "We are confident that our upcoming brand launches, program expansions, and increased traffic from Amazon returns program will incrementally contribute to our performance during the balance of the year and beyond," she said. Kohl's reaffirmed its annual EPS guidance of $5.15 to $545. F
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KSS
News
- Kohl's Corporation: Core Business Going Strong With Opportunities In Adjacent Categories [Seeking Alpha]Seeking Alpha
- Kohl's Co. (NYSE: KSS) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Kohl's (KSS) Down 8.2% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]Yahoo! Finance
- Kohl's Donates $5 Million to Alliance for a Healthier Generation to Improve Family Health & Wellness NationwideBusiness Wire
- Kohl's Million-dollar Turnaround Man [Yahoo! Finance]Yahoo! Finance
KSS
Earnings
- 3/12/24 - Beat
KSS
Sec Filings
- 4/23/24 - Form 4
- 4/5/24 - Form 4
- 4/5/24 - Form 4
- KSS's page on the SEC website