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Kohl's Raises 2021 Financial Outlook - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

While reporting third-quarter results on Thursday, Kohl's Corporation (KSS) increased its full year financial outlook. Adjusted earnings per share is now expected to be in the range of $7.10 to $7.30, excluding any non-recurring charges. The company's prior guidance was a range of $5.80 to $6.10. Net sales is now expected to increase in the mid-twenties percentage range compared to the prior expectation of low-twenties percentage range increase.

Analysts polled by Thomson Reuters expect the company to report profit per share of $6.08. Analysts' estimates typically exclude special items.

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