Kohl's (KSS) Posts Wide Q4 Loss as Sales Fall 7.2%

Kohl's (NYSE: KSS) reported Q4 EPS of ($2.49), which may not compare to the analyst estimate of $0.97. Revenue for the quarter came in at $5.8 billion versus the consensus estimate of $5.99 billion. Fourth quarter net sales decrease 7.2% and comparable sales decrease 6.6%.

GUIDANCE:

Sees FY23 net sales down of (2%) to (4%), includes the impact of the 53rd week which is worth approximately 1% year-over-year.

For earnings history and earnings-related data on Kohl's (KSS) click here.

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