Kohl’s Corporation ( (KSS) ) has released its Q3 earnings. Here is a breakdown of the information Kohl’s Corporation presented to its investors.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Kohl’s Corporation is a prominent omnichannel retailer in the United States, known for offering a wide range of brands and products through its extensive network of over 1,100 stores and online platforms. The company is dedicated to providing value and convenience to its customers while maintaining a strong presence in the retail sector.
In its third quarter fiscal 2025 earnings report, Kohl’s Corporation announced a slight decline in net sales by 2.8% and comparable sales by 1.7%. Despite this, the company experienced a gross margin increase of 51 basis points and reported diluted earnings per share of $0.07, with an adjusted figure of $0.10. The company also raised its full-year financial outlook and appointed Michael J. Bender as the new CEO.
Key financial highlights include a decrease in selling, general, and administrative expenses by 2.1% to $1.3 billion and a reduction in inventory by 5% year-over-year. Operating income was reported at $73 million, down from $98 million the previous year. Notably, cash flow from operating activities improved significantly to $124 million, compared to a negative $195 million in the prior year.
Looking ahead, Kohl’s management remains optimistic about the company’s trajectory, focusing on strategic initiatives to drive growth and enhance customer experience. The company expects a decrease in net sales and comparable sales for the full year 2025 but anticipates maintaining a healthy adjusted operating margin and earnings per share, reflecting a disciplined approach to financial management and market adaptation.