Insight Report 4 minutes Premium

Kohl’s (KSS) 3Q16 Results: Beats on EPS, No Changes to Guidance

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.