28.08.2024 13:06:13

Kohl`s Corp. Q2 Profit Advances, Beats Estimates

(RTTNews) - Kohl`s Corp. (KSS) released earnings for its second quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $66 million, or $0.59 per share. This compares with $58 million, or $0.52 per share, in last year's second quarter.

Analysts on average had expected the company to earn $0.45 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 4.2% to $3.525 billion from $3.678 billion last year.

Kohl`s Corp. earnings at a glance (GAAP) :

-Earnings (Q2): $66 Mln. vs. $58 Mln. last year. -EPS (Q2): $0.59 vs. $0.52 last year. -Revenue (Q2): $3.525 Bln vs. $3.678 Bln last year.

-Guidance: Full year EPS guidance: $1.75 to $2.25

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