Kohl's Q2 EPS $0.52 Beats $0.22 Estimate, Sales $3.90B Beat $3.69B Estimate
Portfolio Pulse from Benzinga Newsdesk
Kohl's (NYSE:KSS) reported Q2 earnings of $0.52 per share, beating the analyst consensus estimate of $0.22 by 136.36%. However, this is a 53.15% decrease from the same period last year. The company also reported quarterly sales of $3.90 billion, beating the estimate of $3.69 billion by 5.56%, but this is a 4.70% decrease from last year.
August 23, 2023 | 11:02 am
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Kohl's Q2 earnings and sales beat estimates but are down YoY. This mixed result could lead to uncertain market reactions.
Kohl's beat estimates for both earnings and sales, which is positive. However, the YoY decrease in both metrics could be a concern for investors, leading to potential uncertainty in the stock's short-term performance.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100