Categories AlphaGraphs, Earnings, Retail

Infographic: Highlights from Kohl’s (KSS) Q1 2020 earnings results

Kohl’s Corporation (NYSE: KSS) reported its financial results for the quarter ended May 2, 2020, on Tuesday before the bell. The bottom line was wider than the analysts expectations while the top line exceeded consensus estimates.

Kohl's Corporation (KSS) Q1 2020 earnings review

Kohl’s slipped to a loss in the first quarter of 2020 from a profit last year due to a 41% dip in the top-line. As part of the COVID-19 response, the company has taken actions to preserve financial liquidity and financial flexibility. This includes decreased planned capital expenditures by about $500 million, suspended share repurchase program, and suspended regular quarterly dividend beginning in Q2 of 2020.

The company has taken swift and aggressive actions in response to the COVID-19 pandemic, which resulted in positive operating cash flow. Kohl’s has significantly increased financial flexibility during the quarter, ending with $2 billion in cash.

Past Performance

Most Popular

Infographic: Key highlights from Best Buy (BBY) Q1 2023 earnings results

Best Buy Co., Inc. (NYSE: BBY) reported first quarter 2023 earnings results today. Enterprise revenue dropped to $10.6 billion from $11.6 billion in the year-ago period. Comparable sales were down

AutoZone (AZO) Q3 Earnings: Key financials and quarterly highlights

AutoZone, Inc. (NYSE: AZO) reported third quarter 2022 earnings results today. Net sales increased 5.9% year-over-year to $3.9 billion. Domestic same-store sales increased 2.6%. Net income decreased 0.6% to $592.6 million, while

Infographic: Zoom Video Communications (ZM) Q1 2023 earnings results

Zoom Video Communications (NASDAQ: ZM)  reported lower earnings and higher revenues for the first quarter of 2023. Earnings topped Wall Street's expectations, while revenues matched the estimates. Adjusted earnings, excluding

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top