Categories AlphaGraphs, Consumer, Earnings

Infographic: How Kohl’s Corporation (KSS) performed in Q3 2023

Kohl’s Corporation (NYSE: KSS) on Tuesday announced financial results for the third quarter of 2023, reporting lower sales and profit. The retailer also provided guidance for fiscal 2023.

Kohl’s Q3 2023 earnings infographic

Net sales decreased 5% year-over-year to $3.84 billion. Comparable sales were down 5.5%. For fiscal 2023, the company expects net sales to decline between 2.8% and 4%.

Q3 net income came in at $59 million, or $0.53 per share, compared to $97 million, or $0.82 per share last year. Gross margin as a percentage of net sales was 38.9%, up 158 basis points year-over-year. Full-year net income is expected to be in the range of $2.30 per share to $2.70 per share.

Prior Performance

  • Kohl’s Q3 2022 earnings infographic

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