Company News: Kohl's (KSS) quarterly results miss analysts’ expectations

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21 maio 2019

Company News: Kohl's (KSS) quarterly results miss analysts’ expectations

Kohl's (KSS) reported Q1 FY 2020 earnings of $0.61 per share (versus $0.64 in Q1 FY 2019), missing analysts’ consensus of $0.67.

The company’s quarterly revenues amounted to $3.821 bln (-3.3% y/y), missing analysts’ consensus estimate of $3.972 bln.

The company also issued downside guidance for FY 2020, projecting EPS of $5.15-5.45 versus analysts’ consensus estimate of $6.04

KSS fell to $56.53 (-10.14%) in pre-market trading.

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