Kohl's Q1 net sales down 3.3%, comparable sales down 4.3%; EPS $0.13, affirms FY23 guidance

KOHLS Corp

2023-Q1 EPS reported $0.13 revenue$3,571,000,000

Net sales $3.4B, down 3.3% YoY; comparable sales down 4.3%.
Gross margin 39.0%, up 67 bps; operating income $98M vs $82M.
Diluted EPS $0.13 (flat vs $0.11 prior year); net income $14M unchanged.
Full year 2023 guidance: net sales down 2-4%, EPS $2.10-$2.70, operating margin ~4.0%.
Quarterly dividend $0.50/share declared, payable June 21 to record holders June 7.

item 2.02 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

KOHLS Corp reported first quarter ended April 29, 2023 results: revenue $3.4 billion, net income $14 million, EPS $0.13. Guidance reaffirmed.

Period: first quarter ended April 29, 2023
Revenue: $3.4 billion
Net income: $14 million
EPS: $0.13
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Quarter 2023 Results Comparisons refer to the 13-week period ended April 29, 2023 versus the 13-week period ended April 30, 2022 • Net sales decreased 3.3% year-over-year, to $3.4 billion, with comparable sales down 4.3%. • Gross margin as a percentage of net sales was 39.0%, an increase of 67 basis points. • Selling, general & administrative (SG&A) expenses

View on SEC.gov

308 earnings releases filed in the last 30 days. Browse all earnings releases →

KOHLS Corp filing history →

Source: SEC EDGAR

accession 0001193125-23-152386

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.