Categories AlphaGraphs, Earnings, Retail
Key highlights from Kohl’s Corp. (KSS) Q3 2020 earnings results
Kohl’s Corporation (NYSE:KSS) today reported its third quarter financial results for the period ended October 31, 2020.
Third quarter GAAP net loss was $12 million, or $0.08 per share, compared to GAAP net income of $123 million, or $0.78 per share in third quarter of 2019.
Total revenues decreased 14% to $3.97 billion.
“I continue to be very proud of how our organization is navigating through the COVID-19 pandemic. Our third quarter results exceeded our expectations with significant sequential sales and profitability improvement. Digital sales growth remained strong and our actions to improve our gross margin showed great progress. We also further strengthened our financial position and fully repaid our revolver during the period, which underscores the solid cash flow generation of our business.”
Michelle Gass, CEO
Most Popular
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
