KSS

Kohl's Boosts FY25 Outlook; Shares Jump 27% - Update

(RTTNews) - While reporting financial results for the third quarter on Tuesday, department store chain Kohl's Corp. (KSS) raised its adjusted earnings, sales growth and comp sales growth guidance for the full-year 2025.

For fiscal 2025, the company now projects adjusted earnings in a range of $1.25 to $1.45 per share on a net sales decline of 3.5 to 4 percent, with comparable sales decline of 2.5 to 3 percent.

Previously, the company expected adjusted earnings in the range of $0.50 to $0.80 per share on a net sales decline of 5 to 6 percent, with comparable sales decline of 4 to 5 percent.

On average, analysts polled expect the company to report earnings of $1.02 per share on revenue decline of 3.6 percent to $14.83 billion for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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