Kohl's shares soar after earnings and sales beat, dividend raised [MarketWatch]
Kohl's Corporation (KSS)
Last kohl's corporation earnings: 3/3 07:00 am
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Source: MarketWatch
Kohl's shares soar after earnings and sales beat, dividend raised Kohl's Corp. KSS, -1.81% shares soared 9.5% in Tuesday premarket trading after the retailer reported fourth-quarter earnings and sales that beat expectations and the retailer raised its dividend. Net income totaled $265 million, or $1.72 per share, down from $272 million, or $1.67 per share, last year. Adjusted EPS was $1.99 per share, down from $2.24 per share last year but well ahead of the FactSet consensus for $1.88. Revenue totaled $6.83 billion up from $6.82 billion and well ahead of the FactSet outlook for $6.52 billion. Comparable sales were flat, beating the 0.1% decline that FactSet forecast. Kohl's raised its dividend 5% to $0.704 per share payable April 1, 2020 to shareholders of record at the close of business on March 18, 2020. For 2020, the company expects EPS of $4.20 to $4.60, and comparable sales from down 1% to up 1%. FactSet is forecasting EPS of $4.58 and a comparable sales decline of 1.3%. Kohl'
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News
- Kohl's Gears Up for Q3 Earnings: Here's What You Should Know [Yahoo! Finance]Yahoo! Finance
- Gear Up for Kohl's (KSS) Q3 Earnings: Wall Street Estimates for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Kohl's reveals Black Friday week plans. Holiday season crucial for company amid slumping sales [Yahoo! Finance]Yahoo! Finance
- Kohl's Co. (NYSE: KSS) had its price target lowered by analysts at Citigroup Inc. from $19.00 to $18.00. They now have a "neutral" rating on the stock.MarketBeat
- Kohl’s Gifts More Than $500,000 to Local Nonprofits Through Hometown Giving Program This Holiday SeasonBusiness Wire
KSS
Earnings
- 8/28/24 - Beat
KSS
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form 8-K
- 10/23/24 - Form SC
- KSS's page on the SEC website