Kohl`s Corp.

NYSE:KSS   3:59:59 PM EDT
52.19
+1.12 (+2.19%)
Positive Earnings Pre-Announcement

Kohl's Reports Third Quarter Fiscal 2021 Financial Results

Published: 11/18/2021 12:44 GMT
Kohl`s Corp. (KSS) - Kohl's Reports Third Quarter Fiscal 2021 Financial Results.
Q3 Same Store Sales Rose 14.7 Percent.
Sees FY Adjusted Earnings per Share $7.10 to $7.30 Excluding Items.
Q3 Earnings per Share $1.65.
Raises Full Year 2021 Financial Outlook.
Q3 Net Sales Increase 15.5%.
FY 2021 Net Sales is Now Expected to Increase in Mid-twenties Percentage Range.
Qtrly Total Revenue $4,600 Million Versus $3,979 Million.
FY 2021 Adjusted Earnings per Share is Now Expected to Be in Range of $7.10 to $7.30.
Plans to Repurchase $1.3 Billion of Shares in 2021.
Ended Quarter in a Strong Financial Position With $1.9 Billion in Cash.
Q3 Earnings per Share View $0.64, Revenue View $4.27 Billion -- Refinitiv Ibes Data (analyst estimates).
FY Earnings per Share View $6.08 -- Refinitiv Ibes Data (analyst estimates).
Quarter-end Merchandise Inventories $3,642 Million Versus $3,607 Million at End of Q3 2020.
FY Revenue View $18.51 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $6.61 Billion
Adjusted EPS is expected to be $2.17

Next Quarter Revenue Guidance is expected to be $3.8 Billion
Next Quarter EPS Guidance is expected to be $0.89

More details on our Analysts Page.