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Tuesday, November 19, 2019

Kohl's (KSS) reported earnings on Tue 19 Nov 2019 (b/o)

** charts after earnings **


 









Kohl's misses by $0.12, beats on revs; lowers FY20 EPS below consensus


  • Reports Q3 (Oct) earnings of $0.74 per share, $0.12 worse than the S&P Capital IQ Consensus of $0.86; revenues rose 5.9% year/year to $4.63 bln vs the $4.4 bln S&P Capital IQ Consensus.
    • Q3 comparable sales increased 0.4%
  • Co issues downside guidance for FY20, sees EPS of $4.75-4.95 vs. $5.19 S&P Capital IQ Consensus, compared to prior guidance of $5.15-5.45.
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