Kohl's stock exploded 34% on Tuesday, jumping to $21.10 from $15.73 as Q3 earnings delivered an unmistakable turnaround signal. Same-store sales beat expectations, inventory discipline paid off, and m... ...

Kohl's (KSS) reported $3.58 billion in revenue for the quarter ended October 2025, representing a year-over-year decline of 3.6%. EPS of $0.10 for the same period compares to $0.20 a year ago.The reported revenue represents a surprise of +2.55% over the Zacks Consensus Estimate of $3.49 billion. With the consensus EPS estimate being -$0.19, the EPS surprise was +152.63%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...

Financial Data and Key Metrics Changes - Net sales declined by 2.8% in Q3 and 4% year-to-date, with comparable sales down 1.7% in Q3 and 3.2% year-to-date [32] - Adjusted net income for Q3 was $11 million, equating to an adjusted diluted earnings per share of $0.10, while year-to-date adjusted net income is $61 million with adjusted diluted earnings per share of $0.54 [36][37] - Gross margin improved to 39.6%, an increase of 51 basis points year-over-year, driven by strong inventory management and product mix benefits [34] - SG&A expenses declined by 2.1% to $1.3 billion in Q3, with year-to-date SG&A expenses down 3.8% [35] Business Line Data and Key Metrics Changes - Digital sales grew by 2.4% versus last year, outperforming store sales, driven by increased traffic [33] - Women's business showed significant improvement, particularly in proprietary brands, contributing positively to overall performance [14] - Men's business also improved, with proprietary brands performing well and dress and tailored categories seeing strong sales [15] - Accessories, particularly jewelry, saw a 10% increase in Q3, while home categories showed improvement, especially in soft home products [17][18] Market Data and Key Metrics Changes - Comparable sales performance improved with a positive 1% in October, following a decline in September due to unseasonably warm weather [11] - Low-to-middle-income consumers are increasingly seeking value, impacting overall consumer behavior [12] Company Strategy and Development Direction - The company is focused on three key priorities for its 2025 initiatives: offering a curated assortment, reestablishing Kohl's as a leader in value and quality, and delivering a frictionless shopping experience [12][18] - There is a commitment to enhancing proprietary brands and optimizing the balance between national and proprietary brands to meet customer needs [19][21] - The company is leveraging artificial intelligence to improve efficiency and customer experience across digital platforms [25] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the ongoing pressure on discretionary income for low-to-middle-income consumers and anticipates this behavior to continue into Q4 [12][39] - The company is optimistic about its positioning for the holiday season, emphasizing exceptional value and exclusive offerings [27][30] - Management remains focused on restoring trip assurance and improving inventory allocation to enhance the shopping experience [26] Other Important Information - The company ended Q3 with $144 million in cash and cash equivalents, with inventory decreasing approximately 5% compared to last year [37] - Capital expenditures are projected to be around $400 million for the year, primarily for the completion of Sephora rollouts and other strategic initiatives [38] Q&A Session Summary Question: How is the company connecting with former and lapsed customers? - Management noted that core customers continued to shop, but some trips were lost. Marketing efforts are being ramped up to re-engage these customers, particularly through personalized coupons and inventory availability [42][43] Question: Can you break down the $1.3 billion of operating cash flow? - The majority of the cash flow is attributed to strong inventory management, with a focus on maintaining lower inventory levels while improving sales performance [50][51] Question: Which strategic initiatives are showing the most promise? - The focus on building a more balanced assortment and enhancing proprietary brands has shown significant progress, particularly in women's categories [58][60] Question: What is the outlook for gross margin in Q4? - Management expects continued benefits from inventory management and product mix, but anticipates some headwinds due to increased digital sales and promotional activities [76][77] Question: What is the current debt position and outlook? - The company has approximately $1.5 billion in debt, with plans to exit the revolver by the end of the year, positioning itself well for future liquidity [79][80]

Financial Data and Key Metrics Changes - Net sales declined by 2.8% in Q3 and 4% year-to-date, with comparable sales down 1.7% in Q3 and 3.2% year-to-date [32] - Adjusted net income for Q3 was $11 million, equating to an adjusted diluted earnings per share of $0.10, while year-to-date adjusted net income is $61 million with adjusted diluted earnings per share of $0.54 [36][37] - Gross margin improved to 39.6%, an increase of 51 basis points year-over-year, driven by strong inventory management and product mix benefits [34] - SG&A expenses declined by 2.1% to $1.3 billion in Q3, with year-to-date SG&A expenses down 3.8% [35] Business Line Data and Key Metrics Changes - Digital sales grew by 2.4% versus last year, outperforming store sales, driven by increased traffic [33] - Women's business showed significant improvement, particularly in proprietary brands, while men's business also ran in line with company performance [12][15] - Accessories, including Sephora and jewelry, contributed positively, with Sephora running up 2% in the quarter [16][17] Market Data and Key Metrics Changes - Comparable sales performance improved with a positive 1% in October, following a decline in September due to unseasonably warm weather [10] - Low-to-middle-income consumers are increasingly seeking value, impacting overall sales performance [11] Company Strategy and Development Direction - The company is focused on three key priorities: offering a curated assortment, reestablishing Kohl's as a leader in value and quality, and delivering a frictionless shopping experience [11][18] - Strategic initiatives include enhancing proprietary brands and optimizing store layouts to improve customer experience [23][24] - The company aims to leverage AI to improve efficiency and customer engagement [25] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the ongoing pressure on discretionary income for low-to-middle-income consumers and anticipates this behavior to continue into Q4 [11] - The company is optimistic about its positioning for the holiday season, emphasizing exceptional value and exclusive offerings [27][30] - Management remains committed to executing the 2025 initiatives and recognizes the need for further improvements [39] Other Important Information - The company ended Q3 with $144 million in cash and cash equivalents, with inventory decreasing approximately 5% compared to last year [37] - Capital expenditures are projected to be approximately $400 million for the year, focusing on Sephora rollout and e-commerce fulfillment [38] Q&A Session Summary Question: How is the company connecting with former and lapsed customers? - Management noted that core customers were still shopping, but some trips were lost. Marketing efforts are being ramped up to re-engage these customers [42][43] Question: Can you break down the $1.3 billion of operating cash flow? - The majority of cash flow is attributed to strong inventory management, with a focus on maintaining low inventory levels [50][51] Question: Which strategic initiatives are showing the most promise? - The focus on building a more balanced assortment and enhancing proprietary brands has shown significant progress [58][60] Question: What is the outlook for gross margin in Q4? - Management expects continued benefits from inventory management and product mix, but anticipates some headwinds due to increased digital sales and promotional activities [76][77] Question: What is the current debt position and outlook? - The company has approximately $1.5 billion in debt, with plans to exit the revolver by the end of the year, positioning itself well for future liquidity [79][80]

Diane King Hall is joining me now. We're taking a look also at some other movers in retail um in particular and it's been mostly good news here this morning. We'll start off with Best Buy.I didn't comb through that one as closely. Some of your thoughts. >> Better than expected and a rosy forecast.It's helping lift shares this morning. So, it did better than expected on both the top and bottom line. Uh just EPS coming in at a buck 40.The street was looking for a buck 31. Revenue topping 9.6% billion. 9.67% 6 ...

Financial Data and Key Metrics Changes - Net sales declined by 2.8% in Q3 and 4% year-to-date, with comparable sales down 1.7% in Q3 and 3.2% year-to-date [29][30] - Adjusted net income for Q3 was $11 million, equating to an adjusted diluted earnings per share of $0.10, while year-to-date adjusted net income is $61 million with an adjusted diluted earnings per share of $0.54 [32][33] - Gross margin improved to 39.6%, an increase of 51 basis points year-over-year, driven by strong inventory management and product mix benefits [31][32] Business Line Data and Key Metrics Changes - Digital sales grew by 2.4% versus last year, outperforming store sales, with traffic increasing from high single digits in August to high teens in October [30] - Women's business showed significant improvement, particularly in proprietary brands, while men's business also saw positive performance driven by clarity in offerings [12][13] - Accessories, including Sephora and jewelry, contributed positively, with Sephora running up 2% and jewelry increasing by 10% in Q3 [14][15][16] Market Data and Key Metrics Changes - The company noted that low-to-middle-income consumers are increasingly choiceful due to pressure on discretionary income, impacting overall sales performance [10][36] - The macroeconomic environment remains uncertain, particularly affecting younger customers and those with limited income [10][36] Company Strategy and Development Direction - The company is focused on three key priorities for its 2025 initiatives: offering a curated assortment, reestablishing Kohl's as a leader in value and quality, and delivering a frictionless shopping experience [10][11][21] - There is a commitment to enhancing proprietary brands and optimizing store layouts to improve customer experience and drive sales [19][22] - The company is leveraging artificial intelligence to improve operational efficiency and customer engagement [23] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the upcoming holiday season, highlighting improved inventory positioning and exclusive offerings [25][26] - The company anticipates a net sales decline of 3.5%-4% for the full year, with a focus on maintaining cost discipline and improving cash flow [36][37] Other Important Information - The company ended Q3 with $144 million in cash and cash equivalents, with inventory decreasing approximately 5% compared to last year [33][34] - Capital expenditures are projected to be around $400 million for the year, primarily for the completion of Sephora rollouts and other strategic initiatives [34] Q&A Session Summary Question: How is the company connecting with former and lapsed customers? - The company has been using data to target core customers with personalized marketing and has seen a 500 basis point improvement in Kohl's Card customer engagement [38][39] Question: Can you break down the $1.3 billion of operating cash flow? - The majority of cash flow is attributed to strong inventory management, with a focus on maintaining low inventory levels [41][42] Question: Which strategic initiatives are showing the most promise? - The focus on building a more balanced assortment and enhancing proprietary brands has been particularly effective [46][47] Question: What is the outlook for gross margin in Q4? - The company expects continued benefits from inventory management and proprietary brand performance, but anticipates some headwinds due to increased digital sales and promotional activities [54][56] Question: What is the current debt position and outlook? - The company has approximately $1.5 billion in debt, with plans to exit the revolver by the end of the year, positioning itself well for future liquidity [58][59]

展望未来，该公司将2025财年调整后每股收益预期从原先的0.5-0.8美元大幅上调至1.25-1.45美元，年度 销售额降幅预期也从5%-6%收窄至3.5%-4%。 周二，柯尔百货(KSS.US)开盘暴涨超30%，逼近此前7月年内高点，报20.78美元。消息面上，柯尔百货 公布了超预期的第三季度财报，同时连续第二个季度上调全年业绩指引，这一信号表明，新任首席执行 官Michael Bender正在帮助这家陷入困境的零售商重回正轨。财报显示，该公司Q3销售额同比下降2.8% 至34.1亿美元，但仍超出分析师预期的33.2亿美元。同店销售额下降1.7%，远优于市场预期的3.9%跌 幅。 ...

（原标题：美股异动 | Q3业绩超预期 柯尔百货(KSS.US)暴涨超30%） 展望未来，该公司将2025财年调整后每股收益预期从原先的0.5-0.8美元大幅上调至1.25-1.45美元，年度 销售额降幅预期也从5%-6%收窄至3.5%-4%。 智通财经APP获悉，周二，柯尔百货(KSS.US)开盘暴涨超30%，逼近此前7月年内高点，报20.78美元。 消息面上，柯尔百货公布了超预期的第三季度财报，同时连续第二个季度上调全年业绩指引，这一信号 表明，新任首席执行官Michael Bender正在帮助这家陷入困境的零售商重回正轨。财报显示，该公司Q3 销售额同比下降2.8%至34.1亿美元，但仍超出分析师预期的33.2亿美元。同店销售额下降1.7%，远优于 市场预期的3.9%跌幅。 ...

柯尔百货(KSS.US)暴涨超33%，最高触及20.93美元，创逾四个月新高。 消息面上，柯尔百货Q3销售额34.1亿美元，超过分析师预期的33.2亿美元；调整后净利润为1100万美 元，合每股收益0.10美元，远超市场预期的亏损0.17美元；同店销售额下降1.7%，远优于市场预期的 3.9%跌幅。该零售商将2025财年调整后每股收益预期从0.5-0.8美元大幅上调至1.25-1.45美元，销售额降 幅预期也从5%-6%收窄至3.5%-4%。(格隆汇) ...

Kohl's (KSS) came out with quarterly earnings of $0.1 per share, beating the Zacks Consensus Estimate of a loss of $0.19 per share. This compares to earnings of $0.2 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +152.63%. A quarter ago, it was expected that this department store operator would post earnings of $0.33 per share when it actually produced earnings of $0.56, delivering a surprise of +69.7%.Over the last four quar ...