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KSS - A Heightened Promotional Environment Will Punish Kohl's
Kohl's Corporation
Source: Barron's
Kohl's (KSS) reports quarterly earnings on March 3rd. Analysts expect revenue of $6.52 billion and EPS of $1.88. The revenue estimate implies a low single-digit percentage decline Y/Y. Investors should focus on the following key items.
Stagnant Revenue Growth
Traditional retailers like Kohl's have faced headwinds for a while. They have been challenged with transitioning more to online sales. Some have not made the cut. Last quarter the company reported net sales of $4.4 billion, flat Y/Y. Other revenue of $263 million was up 3% Y/Y, while total sales of $4.6