Kohl's stock sinks after holiday-period same-store sales growth decelerates [MarketWatch]
Kohl's Corporation (KSS)
Last kohl's corporation earnings: 3/3 07:00 am
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Source: MarketWatch
Kohl's stock sinks after holiday-period same-store sales growth decelerates Shares of Kohl's Corp. KSS, +1.04% sank 7.8% in premarket trade Thursday, after the retailer raised its full-year profit outlook but reported a deceleration in holiday-period sales growth. Same-store sales for the November-to-December period rose 1.2% from a year ago, compared with growth of 6.9% in the same period last year. The company said digital sales grew in the double-digit percentage range. Kohl's raised its fiscal 2018 earnings per share guidance range to $5.50 to $5.55 from $5.35 to $5.55, citing "strong" holiday sales performance. The FactSet EPS consensus is $5.51. The stock has slipped 2.3% over the past three months through Wednesday, while the SPDR S&P Retail ETF XRT, +0.84% has lost 6.1% and the S&P 500 SPX, +0.41% has declined 7.2%. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
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- 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