Company Earnings Update
Kohl’s (KSS) 2Q18 Results: Beats Consensus Estimates and Raises EPS Guidance
Key Points
- Kohl’s reported 2Q18 EPS of $1.76, beating the consensus estimate of $1.64 and up 42.1% year over year. Revenues were $4.57 billion, up 4.0% year over year and beating the consensus estimate of $4.27 billion.
- Comps were 3.1%, beating the consensus estimate of 2.6%.
- The company raised guidance for adjusted EPS of $5.15–$5.55 from $5.05–$4.50 previously.
