Kohl's (KSS) Misses Q1 EPS by 28c; Misses on guidance

Kohl's (KSS) PT Lowered to $20 at CFRA

May 31, 2024 9:50 AM EDT

CFRA analyst Zachary Warring lowered the price target on Kohl's (NYSE: KSS) to $20.00 (from $28.00) while maintaining a Hold rating.

The analyst comments "We lower our 12-month price target by $8 to $20, based on 11.4x our FY 25 (Jan.) EPS estimate and in between the... More

Kohl's (KSS) PT Lowered to $19 at Jefferies

May 30, 2024 4:15 PM EDT

Jefferies analyst Ashley Helgans lowered the price target on Kohl's (NYSE: KSS) to $19.00 (from $23.00) while maintaining a Hold rating.

The analyst comments "KSS missed Q1 meaningfully on a tough clearance-driven compare & lowered the FY as sales trends softened starting late March. FY guide still... More

Kohl's (KSS) PT Lowered to $22 at Evercore ISI

May 30, 2024 4:11 PM EDT

Evercore ISI analyst Michael Binetti lowered the price target on Kohl's (NYSE: KSS) to $22.00 (from $24.00) while maintaining a In Line rating.

The analyst comments "1Q SSS & EPS Miss as KSS Tries to Withdraw from Heavy Markdowns. 1Q EPS came in at a loss of... More

Macy's (M) Trades Lower in Sympathy with Kohl's (KSS)

May 30, 2024 7:13 AM EDT

Macy's (NYSE: M) Trades Lower in Sympathy with Kohl's (NYSE: KSS)

KSS down 19% after cutting guidance.M down 3%.... More

Kohl's (KSS) stock sinks 22% on poor results, guidance

May 30, 2024 7:07 AM EDT

(Updated - May 30, 2024 9:43 AM EDT)

Kohl's Corp (NYSE: KSS) reported a disappointing first quarter, with the retailer's earnings and sales falling short of Wall Street estimates.

As a result, KSS plunged 22% in Thursday's trading session.

For the first quarter, Kohl's posted a net loss of $27 million, or -$0.24 per diluted share, which was significantly below the analyst consensus of $0.04 per share. Revenue for the quarter also missed expectations, coming in at $3.38 billion against the projected $3.4... More