Kohl's (KSS) Posts Wide Q4 Loss as Sales Fall 7.2%

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Kohl's Reports Fourth Quarter and Full Year Fiscal 2022 Financial Results

March 1, 2023 7:00 AM EST

Fourth quarter net sales decrease 7.2% and comparable sales decrease 6.6% Fourth quarter diluted loss per share of ($2.49) Introduces full year 2023 financial outlook Committed to strengthening balance sheet, while continuing to return capital to shareholders through the dividend in 2023

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- Kohls Corporation (NYSE: KSS) today reported results for the quarter and year ended January 28, 2023.

Tom Kingsbury, Kohls chief executive officer, stated, Kohls fourth quarter results reflect meaningful proactive measures we took to better position the business for 2023,... More