Kohls Corp CFO Says Planning For SG&A Expense To Be Up 3%-4% YoY In Q2
Portfolio Pulse from Happy Mohamed
Kohl's Corp CFO announced during a conference call that the company is planning for SG&A expense to increase by 3%-4% YoY in Q2.
May 24, 2023 | 1:39 pm
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Kohl's Corp (KSS) is expecting a 3%-4% YoY increase in SG&A expense in Q2, as announced by the company's CFO.
The announcement of a 3%-4% YoY increase in SG&A expense for Q2 may negatively impact Kohl's Corp's stock price in the short term, as higher expenses can lead to lower profitability and reduced earnings.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100