Kohl's Corp. (KSS) Tops Q1 EPS by 8c
Kohl's Corp. (NYSE: KSS) reported Q1 EPS of $0.63, $0.08 better than the analyst estimate of $0.55. Revenue for the quarter came in at $4.12 billion versus the consensus estimate of $4.18 billion.
Comps rose 1.4 percent.
Kevin Mansell, Kohl's chairman, chief executive officer and president, said, "Sales were modestly below our original expectations for the quarter, but accelerated in the March/April combined period after a weak February. We are very pleased with our earnings results, with a more balanced promotional calendar driving merchandise margin combined with strong expense control."
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