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Thursday, November 12, 2015

Kohl's (KSS) reported earnings Thur 12 Nov 2015 (b/o)

** charts before earnings **






** charts after earnings **






Kohl's beats by $0.06, reports revs in-line :
  • Reports Q3 (Oct) earnings of $0.75 per share, $0.06 better than the Capital IQ Consensus of $0.69; revenues rose 1.2% year/year to $4.43 bln vs the $4.4 bln Capital IQ Consensus. 
    • Comps +1% vs. ests near +1.2% and -1.8% last year.
  • "Our 1% increase in sales was driven by strong back-to-school and late October selling periods offset by a weak September. Most of our key initiatives enjoyed strong success while weakness was concentrated in seasonal businesses."

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