Kohl’s Earnings: Here’s Why Shares are Down Now

  Google+ | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Kohl’s Corp. (NYSE:KSS) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 3.65%.

These stocks are hitting our Profit Targets. Click here now to discover winning stocks!

Kohl’s Corp. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 8.29% to $1.66 in the quarter versus EPS of $1.81 in the year-earlier quarter.

Revenue: Rose 5.38% to $6.34 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Kohl’s Corp. reported adjusted EPS income of $1.66 per share. By that measure, the company beat the mean analyst estimate of $1.63. It beat the average revenue estimate of $6.24 billion.

Quoting Management: Kevin Mansell, Kohl’s chairman, president and chief executive officer, said, “Sales for the fourth quarter developed very late and, as a result, came at a cost to profitability. We were, however, able to end the quarter with levels of inventory appropriate for a strong transition to Spring. Our associates across the company did an excellent job in managing expenses throughout the year.”

Key Stats (on next page)…

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business