Kohl's posts turnaround signals despite 0.9% drop in Q2 revenue

KSS Kohl's Corp

$21.59 -3.66%

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1. 1Kohl's (KSS) saw quarterly revenue fall 0.9% year over year, but the results showed fresh signs of a turnaround.
2. 2Quarterly earnings came in at about $151 million, $2 million below the prior year, with $100 million of the $150 million in tariff refunds reflected in gross margin.
3. 3CEO Michael Bender said comparable sales trends improved again, guiding full-year revenue to flat or down 1.5% and announcing the resumption of share buybacks of up to $100 million.

Source Barrons.com +1 · View original ↗

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