Kohl's beats Q3 sales estimates, lowers full-year sales outlook

Kohls

25/11/2025 12:11

Overview

Kohl's fiscal Q3 net sales beat analyst expectations despite a 2.8% yr/yr decrease

Adjusted EPS for fiscal Q3 beats consensus, reflecting operational improvements

Company appoints Michael J. Bender as CEO, marking strategic leadership change

Outlook

Kohl's expects full-year 2025 net sales to decrease by 3.5% to 4%

Company anticipates full-year 2025 comparable sales to decline by 2.5% to 3%

Kohl's projects full-year 2025 adjusted diluted EPS between $1.25 and $1.45

Result Drivers

2025 INITIATIVES - Progress on 2025 initiatives contributed to Q3 results, per CEO Michael J. Bender

COST MANAGEMENT - SG&A expenses decreased 2.1% yr/yr, aiding operational improvements

GROSS MARGIN IMPROVEMENT - Gross margin increased by 51 basis points, supporting financial performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Sales
Beat
$3.41 bln
$3.32 bln (7 Analysts)
Q3 Adjusted EPS
Beat
$0.10
-$0.20 (13 Analysts)
Q3 EPS
$0.07
Q3 Net Income
$8 mln
Q3 Gross Margin
39.60%
Q3 EBIT
$73 mln
Q3 Pretax Profit
-$2 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 8 "hold" and 6 "sell" or "strong sell"

The average consensus recommendation for the department stores peer group is "buy."

Wall Street's median 12-month price target for Kohls Corp is $14.50, about 8.5% below its November 24 closing price of $15.73

The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 24 three months ago

Press Release: ID:nBw88KhhYa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)