Kohl's (KSS) Tops Q4 EPS by $1.21c, Revenues Beat; Offers FY21 EPS Outlook
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Kohl's Reports Financial Results
March 2, 2021 7:00 AM ESTFourth quarter diluted earnings per share of $2.20; adjusted diluted earnings per share(2) of $2.22, including $1.15 per share of incremental tax benefit driven by tax planning strategies Further strengthened financial position during the fourth quarter, ending with $2.3 billion in cash Expects full year 2021 net sales to increase in the mid-teens percentage range as compared to 2020, operating margin to be in the range of 4.5% to 5.0% and earnings per share to be in the range of $2.45 to $2.95 Resuming capital allocation strategy in 2021, including increasing capital expenditures, reinstating dividend, resuming share repurchase program, and employing liability management... More
