Kohl’s (KSS) reported its fourth quarter results today. Revenue improved 9.2% to $6.78 billion, and profits came in at $468 million, up 86%, primarily due to better handling of inventory along with improved marketing efforts. On an adjusted basis, earnings rose 30% to $1.87 per share.
Comp-store sales saw a stellar growth of 6.3% compared to a decline of 2.2% reported in the prior year period. At the end of fiscal 2017, the retailer has 1,158 stores in the US. Kohl’s Board has declared a dividend of $0.61 per share.
Fiscal 2018 Outlook
The retailer forecasts its 2018 earnings to come in the range of $4.95 to $5.45 per share. Same-store sales growth is expected to be between 0% and 2%. On the capex front, the company expects to spend $700 million in the year, while share repurchases would be in the range of $300 million to $400 million.
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
