Insight Report 4 minutes PremiumKohl’s (KSS) 3Q16 Results: Beats on EPS, No Changes to Guidance Coresight Research November 11, 2016 Executive Summary Kohl’s reported adjusted 3Q16 EPS of $0.80, up 7.0% year over year and beating the consensus estimate by $0.10. Revenues were $4.3 billion, down 2.3% year over year and in line with the consensus estimate. Comparable-store sales declined by 1.7%, in line with estimates, based on a modest improvement in year-to-date comp sales trends, including a strong back-to-school selling season, followed by a weak September selling period. The company reaffirmed its guidance for fiscal 2016 GAAP EPS of $3.12–$3.22 and adjusted EPS of $3.80–$4.00. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: US Subscription E-Commerce: Flexibility and Personalization Can Help Companies Navigate Challenges Amid a Softened MarketRetail 2024: US E-Commerce Technology Trends—Generative AI, Retail Media and Other Revenue-Generating Opportunities To Transform the Online LandscapeWeinswig’s Weekly: On Our Groundbreaking NextGen Commerce Conference4Q22 US Retail Inventory Tracker: Inventory Turnover Ratios Improve for Many Retailers
