Kohl's (KSS) Tops Q4 EPS by 11c, Comps Flat, Offers FY Guidance
Kohl's (NYSE: KSS) reported Q4 EPS of $1.99, $0.11 better than the analyst estimate of $1.88. Revenue for the quarter came in at $6.83 billion versus the consensus estimate of $6.52 billion.
Fourth quarter comparable sales flat
GUIDANCE:
Kohl's sees FY2020 EPS of $4.20-$4.60, versus the consensus of $4.59.
- Comparable sales change of (1%) to 1%
- Gross margin as a percentage of sales decrease of 10 to 20 basis points as compared to 2019
- SG&A dollars increase of 1% to 2% over 2019
- Depreciation expense of $940 million
- Interest expense of $210 million
- Effective tax rate of 24% to 25%
For earnings history and earnings-related data on Kohl's (KSS) click here.
