Kohl's Sees FY24 Adj. EPS $1.75-$2.25 vs $1.56 Est., Operating Margin 3.4%-3.8%
Portfolio Pulse from Benzinga Newsdesk
Kohl's has raised its FY24 adjusted EPS guidance to $1.75-$2.25, surpassing the estimated $1.56. The company also projects an operating margin of 3.4%-3.8%.
August 28, 2024 | 11:02 am
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Kohl's has increased its FY24 adjusted EPS guidance to $1.75-$2.25, which is higher than the estimated $1.56. The company also expects an operating margin of 3.4%-3.8%.
Kohl's has provided a positive earnings outlook by raising its FY24 adjusted EPS guidance above market estimates. This suggests improved financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
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IMPORTANCE 90
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