Kohl's shares jump more than 20% after big earnings beat
Kohl's beat earnings expectations with adjusted EPS of 56 cents and raised its 2025 profit forecast despite a 5.1% sales decline, driven by tighter expense controls and strategic partnerships.
7 Articles
7 Articles
Kohl's 'surprised' Wall Street with a big earnings beat in the aftermath of its former CEO drama—and tariffs could be to thank
Kohl’s has had a challenging year marked by leadership turmoil and declining sales. But its second-quarter earnings report surprised analysts. In Q2, Kohl’s posted adjusted earnings per share of $0.56, significantly exceeding the expected $0.30, leading to nearly a 20% surge in its stock price. Yet, net sales declined by 5.1% and comparable store sales fell 4.2%, reflecting ongoing consumer spending pressures. Kohl’s has had a rocky year, so it …
Kohl’s Shares Surge 17% on Raised Profit Forecast and Cost Cuts
Kohl’s Corp. shares surged more than 17% in premarket trading on Wednesday, marking one of the retailer’s strongest single-day gains in recent memory and signaling investor optimism about its ongoing turnaround efforts. The catalyst? A raised annual profit forecast driven by cost reductions, improved inventory management, and a fresher merchandise mix that’s drawing customers back to stores. At the heart of this revival are strategic bets on bea…
Kohl’s Raises Profit Outlook After Beating Wall Street Expectations
Kohl’s Corp (NYSE: KSS) has lifted its full-year profit guidance after reporting stronger-than-expected second-quarter earnings, signaling that its turnaround efforts are beginning to pay off. The retailer posted adjusted earnings per share (EPS) of $0.56, well ahead of analyst expectations of around $0.30. While net sales dipped, comparable-store sales fell 4.2%, a smaller decline than […] The post Kohl’s Raises Profit Outlook After Beating Wal…
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