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

AVGO Earnings: All you need to know about Broadcom Q1 2021 earnings results

Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared

Infographic: Costco (COST) Q2 2021 sales up 15%; earnings miss

Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million

Will shifting to as-a-service model help Hewlett Packard in emerging stronger from COVID?

With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard

Add Comment
Viewing Highlight