Kohl’s Corporation (NYSE: KSS) on Tuesday reported a year-over-year decrease in third-quarter 2025 earnings amid a decline in sales. The company also issued guidance for fiscal 2025.
The retailer reported net income of $8 million or $0.07 per share for the October quarter, compared to $22 million or $0.20 per share in the year-ago quarter. Total revenues declined 4% year-over-year to $3.6 billion in the third quarter. Comparable store sales dropped 1.7%.
Adjusted net income was $11 million or $0.10 per share in Q3. For fiscal 2025, the management expects net sales to decrease by 3.5-4%. Full-year earnings per share are expected to be in the range of $1.25 to $1.45, on an adjusted basis.
Michael Bender, Kohl’s CEO, said, “We are pleased with Kohl’s third quarter results, marking a third consecutive quarter of delivering top-line and bottom-line performance ahead of our expectations. These results are a direct reflection of the progress we are making against our 2025 initiatives, reinforcing our confidence as we continue to move in the right direction.”
The post Kohl’s Corporation Q3 FY25 earnings drop on lower sales first appeared on AlphaStreet.
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