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- Company news: Kohl's (KSS) posts mixed quarterly results
Ekonomické zprávy
28.08.2024
Company news: Kohl's (KSS) posts mixed quarterly results
Kohl's (KSS) reported Q2 FY2024 earnings of $0.59 per share (versus $0.44 per share in Q2 FY2023), beating analysts’ consensus estimate of $0.52 per share.
The company’s quarterly revenues amounted to $3.525 bln (-4.2% y/y), missing analysts’ consensus estimate of $3.690 bln.
The company also issued upside guidance for FY2024, seeing EPS of $1.75-$2.25 versus analysts’ consensus estimate of $1.56 and revenues decreasing 4-6% y/y, which equates to $16.43-$16.78 bln versus analysts’ consensus estimate of $16.05 bln.
KSS rose to $20.40 (+4.08%) in pre-market trading.
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