Kohl’s Q1 Loss Narrower Than Estimates, Sales Decline 4% Y/Y – May 30, 2025
From Zacks Investment Research: 2025-05-30 12:06:00
Kohl’s Corporation (KSS) reported a first-quarter fiscal 2025 loss per share of 13 cents, narrower than expected. Total revenues were $3,233 million, beating estimates. Kohl’s gross margin expanded to 39.9%, and SG&A expenses dropped to $1,164 million. The company’s net sales fell 4.1%, with comparable sales declining 3.9% year over year. Management expects a net sales decline of 5-7% and full-year earnings per share between 10 cents and 60 cents for fiscal 2025. Kohl’s shares have lost 28.5% in the past three months compared to the industry’s decline of 5.5%.
Urban Outfitters, Inc. (URBN) has a Zacks Rank #1 (Strong Buy) and is expected to see growth in earnings and sales. Genesco Inc. (GCO), with a Zacks Rank #2 (Buy), also shows growth potential in earnings and sales. Canada Goose Holdings Inc. (GOOS), ranked #2, expects a decline in earnings and sales for the current fiscal year. Each company has delivered positive earnings surprises in the past and has growth potential in their respective markets.
Read more at Zacks Investment Research: Kohl’s Q1 Loss Narrower Than Estimates, Sales Decline 4% Y/Y – May 30, 2025