top partner

for CFD

Kohl’s Corporation (NYSE: KSS) on Tuesday announced financial results for the third quarter of 2023, reporting lower sales and profit. The retailer also provided guidance for fiscal 2023.

Net sales decreased 5% year-over-year to $3.84 billion. Comparable sales were down 5.5%. For fiscal 2023, the company expects net sales to decline between 2.8% and 4%.

Q3 net income came in at $59 million, or $0.53 per share, compared to $97 million, or $0.82 per share last year. Gross margin as a percentage of net sales was 38.9%, up 158 basis points year-over-year. Full-year net income is expected to be in the range of $2.30 per share to $2.70 per share.

Prior Performance

The post Infographic: How Kohl’s Corporation (KSS) performed in Q3 2023 first appeared on AlphaStreet.

Read the full story: Read More“>

Blog powered by G6

Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.

For any inquiries, please contact [email protected]