Market Overview

Kohl's Corporation Reports Financial Results

Share:
  • Comparable sales increase 0.4%
  • Diluted earnings per share of $0.78
  • Adjusted diluted earnings per share(1) of $0.74
  • Updates adjusted annual diluted earnings per share(1) guidance to $4.75 to $4.95

Kohl's Corporation (NYSE:KSS) today reported results for the quarter ended November 2, 2019.

 

Three Months

 

Nine Months

 

($ in millions, except per share data)

 

2019

 

2018

 

Change

 

 

2019

 

2018

 

Change

 

Total revenue

$

4,625

 

$

4,628

 

 

(0.1

)%

$

13,142

 

$

13,406

 

 

(2.0

)%

Comparable sales

 

0.4

%

 

2.5

%

 

 

 

 

(1.9

)%

 

2.1

%

 

 

 

Gross margin

 

36.3

%

 

37.0

%

(67) bps

 

 

37.3

%

 

37.8

%

(51) bps

 

Selling, general, and administrative expenses

$

1,419

 

$

1,375

 

 

3.2

%

$

3,962

 

$

3,907

 

 

1.4

%

Reported

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

123

 

$

161

 

 

(24

)%

$

426

 

$

529

 

 

(19

)%

Diluted earnings per share

$

0.78

 

$

0.98

 

 

(20

)%

$

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