Kohl's (KSS) Tops Q1 EPS by $1.01, Revenue Beats, Updates Guidance
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Kohl's Reports First Quarter Fiscal 2021 Financial Results
May 20, 2021 7:00 AM EDTFirst quarter net sales and earnings exceed expectations and company raises full year 2021 financial outlook First quarter net sales increase 69.5% First quarter diluted earnings per share of $0.09; adjusted diluted earnings per share(2) of $1.05 Strengthened financial position during the quarter, reducing long-term debt by over $500 million and ending with $1.6 billion in cash Raises full year 2021 net sales to increase in the mid-to-high teens percentage range as compared to 2020, operating margin to be in the range of 5.7% to 6.1% and adjusted earnings per share to be in the range of $3.80 to $4.20, excluding any... More
