Categories AlphaGraphs, Earnings, Retail

Infographic: Kohl’s Corporation (KSS) reports lower Q3 sales and profit

Kohl’s Corporation (NYSE: KSS) Tuesday announced financial results for the third quarter of 2024, reporting a year-over-year decline in sales and net income. The company also provided guidance for fiscal 2024.

Kohl’s Corporation Q3 2024 earnings infographic

Third-quarter net sales decreased 8.8% year-over-year to $3.5 billion, with comparable store sales declining 9.3%. The top line also missed analysts’ forecasts.

Net income for the October quarter was $22 million or $0.20 per share, compared to $59 million or $0.53 per share in the year-ago quarter. Earnings fell short of expectations. For fiscal 2024, the management expects net sales to decrease by 7-8% while comparable sales are expected to decrease by 6-7%.

Prior Performance

  • Kohl’s Q3 2023 earnings infographic

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