Kohl's (KSS) Sept Comps Down 5.5%, Guides EPS To Low End
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Price: $18.70 -3.01%
Financial Fact:
Selling, general, and administrative: 1.08B
Today's EPS Names:
SCWO, HSAI, SYRS, More
Financial Fact:
Selling, general, and administrative: 1.08B
Today's EPS Names:
SCWO, HSAI, SYRS, More
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Kohl's Corporation (NYSE: KSS) September Comps Down 5.5%. Total sales for the five-week month ended October 4, 2008 increased 0.6%
Given current trends, the Company now expects its third quarter earnings to be at the low end of its previously announced guidance of $0.51 to $0.56 per diluted share. The consensus is $0.53.
Kevin Mansell, Kohl's president and chief executive officer, commented, "Customer purchases continue to be need-based, as evidenced by our stronger performance in children's and in more weather-sensitive regions. We continue to effectively manage inventory, merchandise margins and expenses appropriately to sales trends."
Given current trends, the Company now expects its third quarter earnings to be at the low end of its previously announced guidance of $0.51 to $0.56 per diluted share. The consensus is $0.53.
Kevin Mansell, Kohl's president and chief executive officer, commented, "Customer purchases continue to be need-based, as evidenced by our stronger performance in children's and in more weather-sensitive regions. We continue to effectively manage inventory, merchandise margins and expenses appropriately to sales trends."
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