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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KSS
News
- Kohl's Stock Trades Near 52-Week Low: Buy Opportunity or Warning? [Yahoo! Finance]Yahoo! Finance
- Kohl’s Announces More Than $1 Million in Donations this GivingTuesdayBusiness Wire
- Kohl’s Tells Shoppers: “Your Cart, Our Treat”; Unveils Plans to Pay for Customer’s Holiday Gifts This DecemberBusiness Wire
- Kohl's Co. (NYSE: KSS) was downgraded by analysts at Guggenheim from a "buy" rating to a "neutral" rating.MarketBeat
- Kohl's Co. (NYSE: KSS) was downgraded by analysts at Baird R W from a "strong-buy" rating to a "hold" rating.MarketBeat
KSS
Earnings
- 11/26/24 - Miss
KSS
Sec Filings
- 12/16/24 - Form 4
- 12/5/24 - Form 10-Q
- 11/26/24 - Form 8-K
- KSS's page on the SEC website