Department store chain Kohl’s (NYSE:KSS) will be reporting results tomorrow morning. Here’s what to expect.
Kohl's missed analysts’ revenue expectations by 3.7% last quarter, reporting revenues of $3.71 billion, down 8.5% year on year. It was a disappointing quarter for the company, with full-year EPS guidance missing analysts’ expectations.
Is Kohl's a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Kohl’s revenue to decline 9.7% year on year to $5.38 billion, a further deceleration from the 1% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.74 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings.
Looking at Kohl’s peers in the department store segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Dillard’s revenues decreased 5% year on year, beating analysts’ expectations by 1%, and Nordstrom reported a revenue decline of 2.2%, topping estimates by 0.6%. Dillard's traded down 4.3% following the results while Nordstrom’s stock price was unchanged.
Read our full analysis of Dillard’s results here and Nordstrom’s results here.
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