These are some highlights on Kohl’s Corporation KSS Earnings.
The Menomonee Falls, WI, based firm has 1,163 stores in 49 states. KSS reports on the following guidance updates:
IT expects Comparable sales to decrease by 1.4% in the third quarter. Moreover, October 2014 sales are running softer than expected rates. On balance, Kohl’s Corporation sees a rise in E-commerce sales by over 30%; and, sales for in-stores-sales are running on expected rates.
The Company expects its 2014 diluted earnings on an EPS basis to be at the low end of prior guidace. EPS estimated at $4.05 - $4.45 per diluted share.
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