Company Earnings UpdateKOHL’S (KSS) 1Q18 Results: Progress in Operations Boosts Earnings and Profitability Coresight Research May 23, 2018 Executive Summary In 1Q18,Kohl’s reported total revenues of $4.21 billion, up 3.5% year over year. Adjusted EPS was $0.64, beating the $0.50 consensus estimate and up from $0.39 in the year-ago quarter. Comp sales were up 3.6% from the year-ago quarter. Reported operating profit of $210.0 million exceeded the consensus estimate of $178.9 million. Margin performance was driven by a clean inventory position, localization of inventory management and speed initiatives that resulted in improved operational agility and a decrease in permanent and promotional markdowns. Management raised its guidance for FY18 and now expects adjusted EPS of $5.05–$5.50, versus $4.95–$5.45 previously. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Sycamore Partners To Acquire Walgreens Boots Alliance—Exploring the Reasons for and Implications of the $23.7 Billion DealAgentic Commerce—How Should Retailers Leverage GEO to Maximize AI-Engine Visibility?Singles’ Day 2025 Around the World—Global ObservationsAnalyst Corner: Controversy Persists Around Price Gouging with Electronic Shelf Labels, with John Harmon
