Kohl’s Corporation (KSS – Analyst Report) is a U.S. based department store chain that operates specialty department stores and an e-commerce site in the U.S. The department store appeals to middle-class consumers as it sells discounted branded and private label clothing and home goods.

Kohl’s has been struggling hard since more than one year, owing to a challenging retail/sales environment in the U.S. In fact, Kohl’s remains cautious about its fiscal 2015 outlook due to a general slowdown in consumer spending. However, Kohl’s continuous efforts to improve its business coupled with its strategic initiative “the Greatness Agenda” is expected to improve sales of the company over the long term. Due to this, investors are eagerly awaiting Kohl’s earnings report.

Investors should also note the recent earnings estimate revisions for KSS, as the consensus estimate has been moving downwards. KSS has a mixed history in earnings season. KSS has delivered positive surprise in two of the last four quarters, with negative surprise in other two, making for an average negative surprise of 0.46%.

Currently, KSS has a Zacks Rank #4 (Sell), but that could definitely change following Kohl’s’ earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: KSS posted earnings of 75 cents per share, beating on our consensus of 69 cents per share. Investors should note that these figures take out stock option expenses.

Revenue: KSS posted revenues of $4.427 billion, slightly beating our consensus estimate of $4.410 billion.

Key Stats to Note: Kohl’s’ comparable store sales increased 1.0%, compared with an increase of 0.1% in the preceding quarter and a decline of 1.8% in the year ago quarter.

Stock Price: Shares increased 7.74% in the pre-market trading.

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