Kohl's (KSS) Tops Q2 EPS by 15c, Updates Guidance

Kohl's (NYSE: KSS) reported Q2 EPS of $0.59, $0.15 better than the analyst estimate of $0.44. Revenue for the quarter came in at $3.53 billion versus the consensus estimate of $3.69 billion.

GUIDANCE:

Kohl's sees FY2025 EPS of $1.75-$2.25, versus the consensus of $1.53.

• Net sales: A decrease of (4%) to a decrease of (6%)
• Comparable sales: A decrease of (3%) to a decrease of (5%)
• Operating margin: In the range of 3.4% to 3.8%
• Diluted EPS: In the range of $1.75 to $2.25
• Capital Expenditures: Approximately $500 million, including expansion of Sephora partnership and other store-related investments
• Dividend: On August 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 September 25, 2024 to shareholders of record at the close of business on September 11, 2024.

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

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