Kohl's (KSS) reported earnings on Thu 9 Nov 2017 (b/o)

** charts before earnings **

 

** charts after earnings **

 

Kohl's misses by $0.02, reports revs in-line; guides FY18 EPS in-line

• Reports Q3 (Oct) earnings of $0.70 per share, $0.02 worse than the Capital IQ Consensus of $0.72; revenues rose 0.1% year/year to $4.33 bln vs the $4.3 bln Capital IQ Consensus.
  • Comp store sales increased 0.1% y/y.
  • Gross Margins fell 30 bps y/y to 36.8%.
• Co issues in-line guidancefor FY18, sees EPS of $3.60-3.80 (Prior $3.50-3.80), excluding non-recurring items, vs. $3.75 Capital IQ Consensus Estimate.