Kohl's (KSS) Tops Q2 EPS by 15c, Updates Guidance
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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
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
