Kohl's (KSS) Misses Q3 EPS by 11c, Lowers Guidance
Kohl's (NYSE: KSS) reported Q3 EPS of $0.20, $0.11 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $3.51 billion versus the consensus estimate of $3.65 billion.
GUIDANCE:
Kohl's sees FY2025 EPS of $1.20-$1.50, versus the consensus of $1.86.
- Net sales: A decrease of (7%) to a decrease of (8%)
- Comparable sales: A decrease of (6%) to a decrease of (7%)
- Operating margin: In the range of 3.0% to 3.2%
- Diluted EPS: In the range of $1.20 to $1.50
- Capital Expenditures: Approximately $500 million, including expansion of Sephora partnership and other store-related investments
- Dividend: On November 13, 2024, Kohl’s Board of Directors declared a quarterly cash dividend on the Company’s common stock of $0.50 per share. The dividend is payable December 24, 2024 to shareholders of record at the close of business on December 11, 2024.
For earnings history and earnings-related data on Kohl's (KSS) click here.
