Kohl's (KSS) reported earnings on Tue 20 Nov 2018 (b/o)

** charts before earnings **

 

** charts after earnings **

 

Kohl's beats by $0.02, reports revs in-line; raises bottom end of FY19 guidance; Q3 comps +2.5%

• Reports Q3 (Oct) earnings of $0.98 per share, excluding non-recurring items, $0.02 better than the S&P Capital IQ Consensus of $0.96; revenues rose 1.3% year/year to $4.37 bln vs the $4.36 bln S&P Capital IQ Consensus.
• Co reports Q3 comps of +2.5%, which is ahead of expectations (+0.1% last year). Co reported Q3 gross margins of 37.0%, up 25 basis points YoY.
• Co issues raised bottom end of guidance for FY19, sees EPS of $5.35-5.55 from $5.15-5.55, excluding non-recurring items, vs. $5.49 S&P Capital IQ Consensus.