Kohl's Corp. (KSS) Tops Q2 EPS by 12c, Comps Increase 3.1%, Offers Guidance

Kohl's Corporation Reports Financial Results

August 21, 2018 7:00 AM EDT

Shifted comparable sales* increase 3.1%; fiscal comparable sales increase 4.3% Gross margin increases 42 bps Raises earnings per share guidance

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- Kohls Corporation (NYSE: KSS) today reported results for the three and six month periods ended August 4, 2018.

                Three Months     Six Months ($ in millions, except per share data)   2018     2017     Change     2018     2017     Change Total revenue   $ 4,570     $ 4,395       4.0 %     $ 8,778     $ 8,460     3.8 % Comparable sales* 3.1 % (0.4) % 1.8 % (1.5) % Gross margin 39.5 % 39.1 % 42 bps 38.3 % 37.8 % 46 bps Selling, general, and administrative expenses... More