Form 8-K KOHLS Corp For: Aug 28

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Go back to Form 8-K KOHLS Corp For: Aug 28

JPMorgan Downgrades Kohl's (KSS) to Underweight

August 29, 2024 6:56 AM EDT

JPMorgan analyst Matthew R. Boss downgraded Kohl's (NYSE: KSS) from Neutral to Underweight with a price target of $19.00.

The analyst comments "KSS reported 2Q EPS of $0.59 (above Street at $0.46) with same-store-sales shortfall (-5.1% below Street -2.6%) more than offset by favorable SG&A expenses (-4% Y/Y to 35.5% of sales... More

Kohl's beats earnings estimates, raises EPS guidance; shares rise

August 28, 2024 7:19 AM EDT

Kohl's (NYSE: KSS) reported better-than-expected second-quarter earnings on Thursday, despite a decline in sales, and raised its full-year earnings guidance. The retailer's shares rose more than 3% following the news.

The department store chain posted adjusted earnings per share of $0.59 for the quarter ended August 3, 2024, surpassing analyst... More