Kohl's (KSS) Misses Q2 EPS by 1c, Lowers FY Guidance

Kohl's (NYSE: KSS) reported Q2 EPS of $1.11, $0.01 worse than the analyst estimate of $1.12. Revenue for the quarter came in at $4.09 billion versus the consensus estimate of $3.96 billion.

GUIDANCE:

Kohl's sees FY2022 EPS of $2.80-$3.20, versus the consensus of $4.06.

• Net sales is now expected to decline in the range of (5%) to (6%) as compared to the prior year
• Operating margin is now expected to be in the range of 4.2% to 4.5%
• Earnings per share is now expected to be in the range of $2.80 to $3.20, excluding any non-recurring charges

For earnings history and earnings-related data on Kohl's (KSS) click here.

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