Kohl’s (NYSE:KSS) Issues FY25 Earnings Guidance

Kohl’s (NYSE:KSS) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $1.75-$2.25 for the period, compared to the consensus earnings per share estimate of $1.56. The company issued revenue guidance of $16.43-$16.78 billion, compared to the consensus revenue estimate of $16.05 billion. Kohl’s also updated its FY 2024 guidance to 1.750-2.250 EPS.

Kohl’s Price Performance

Shares of NYSE KSS opened at $19.40 on Friday. The company has a fifty day moving average price of $20.99 and a 200 day moving average price of $23.77. The firm has a market cap of $2.16 billion, a PE ratio of 7.82, a PEG ratio of 1.90 and a beta of 1.95. The company has a current ratio of 1.21, a quick ratio of 0.19 and a debt-to-equity ratio of 1.12. Kohl’s has a 1-year low of $17.68 and a 1-year high of $29.60.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Wednesday, August 28th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.13. The company had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.69 billion. Kohl’s had a return on equity of 7.27% and a net margin of 1.60%. Kohl’s’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.52 earnings per share. Research analysts predict that Kohl’s will post 1.38 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 11th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, September 11th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 10.31%. Kohl’s’s dividend payout ratio (DPR) is presently 80.65%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on KSS shares. Morgan Stanley cut shares of Kohl’s to an underweight rating and reduced their target price for the stock from $18.00 to $17.00 in a report on Tuesday. JPMorgan Chase & Co. cut Kohl’s from a neutral rating to an underweight rating and set a $19.00 price objective for the company. in a report on Thursday. TD Cowen lowered Kohl’s from a buy rating to a hold rating and dropped their target price for the stock from $25.00 to $21.00 in a report on Friday. Robert W. Baird decreased their price target on Kohl’s from $27.00 to $25.00 and set an outperform rating for the company in a research note on Thursday. Finally, StockNews.com lowered Kohl’s from a buy rating to a hold rating in a research report on Friday, May 31st. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of Hold and an average price target of $20.67.

Kohl’s Company Profile

Kohl's Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.