Kohl`s Corp.

NYSE:KSS  
39.20
+0.82 (+2.14%)
4:57:34 PM EDT: $39.00 -0.20 (-0.51%)
Other Pre-Announcement

Kohl's Reports Q1 Profit Of 11 Cents Per Share

Published: 05/19/2022 11:07 GMT
Kohl`s Corp. (KSS) - Kohl's Reports First Quarter Fiscal 2022 Financial Results.
Q1 Earnings per Share $0.11.
Sees FY Earnings per Share $6.45 to $6.85 Excluding Items.
Updates Full Year 2022 Financial Outlook.
Qtrly Total Revenue $3,715 Million, Down 4.4%.
FY Net Sales is Now Expected to Be in Range of 0% to 1% As Compared to Prior Year.
Q1 Earnings per Share View $0.70, Revenue View $3.68 Billion -- Refinitiv Ibes Data (analyst estimates).
FY Earnings per Share View $7.18, Revenue View $18.91 Billion -- Refinitiv Ibes Data (analyst estimates).
Further Diligence is Ongoing & Board Has Requested Fully-financed Final Bids to Be Submitted in the Coming Weeks.
Regarding Review of Strategic Alternatives, Continue to Engage With Multiple Interested Parties.
Qtrly Adjusted Diluted Earnings per Share $0.11.
Formally Communicated Specific Procedures for Submission of Actionable Bids Due in Coming Weeks.
Sales Considerably Weakened in April As Co Faced Macro Headwinds Related to Lapping Last Year’s Stimulus & Inflationary Environment.