Company Earnings Update 3 minutesRegister for Free AccessKohl’s (KSS) 3Q18 Results: Sales Rise Due to Rivals’ Store Closures; Raises EPS Guidance Coresight Research November 21, 2018 Executive Summary Kohl’s reported 3Q18 net sales of $4.37 billion, up 1.3% year over year and in line with the $4.37 billion consensus estimate. Adjusted EPS was $0.98, beating the $0.95 consensus estimate and up from $0.70 in the year-ago quarter. Comparable sales were up 2.5% year over year, beating the consensus estimate of 2.4%. Kohl’s raised its full-year earnings guidance per share and now expects FY18 EPS to be $5.35–$5.55, up slightly from prior guidance of $5.15–$5.55 but still in line with the consensus estimate of $5.49. This excludes the one-time debt extinguishment charge of $42 million or $0.19 per share taken in the first quarter. For the full year, the company expects comparable sales to increase 1%–2%. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 23: US Closures Up 61%Fashinnovation’s Worldwide Talks 8: Entrepreneurship, Sustainability and Technology To Drive Fashion in 2023Aldi To Acquire Winn-Dixie and Harveys Supermarket Banners for Major Southeastern US ExpansionNext-Generation Product Information Management: From Spreadsheets to AI—Free Infographic