Kohl's (KSS) Tops Q2 EPS by 28c; maintains dividend

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Go back to Kohl's (KSS) Tops Q2 EPS by 28c; maintains dividend

Kohl's Reports Second Quarter Fiscal 2023 Financial Results

August 23, 2023 7:00 AM EDT

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- Kohls Corporation (NYSE: KSS) today reported results for the second quarter ended July 29, 2023.

Net sales decreased 4.8% and comparable sales decreased 5.0% Diluted earnings per share of $0.52 Inventory declined 14% Reaffirms full year 2023 financial outlook Remains committed to strengthening balance sheet and to maintaining current dividend

Tom Kingsbury, Kohls chief executive officer, said, Our second quarter earnings were in line with our expectations. We maintained strong sales momentum in Sephora at Kohls, reduced... More