Core Viewpoint - The company raised its guidance for the fiscal year [1] Summary by Relevant Categories - Financial Performance - The company has increased its financial guidance for the fiscal year, indicating a positive outlook on revenue and earnings growth [1]

Kohl's strong results come on Michael Bender's second day as official CEO, and as discount retailers are enjoying an uptick in sales. ...

此次业绩预期上调意味着柯尔百货正逐步走出近期阴霾——其前任首席执行官在短暂任职后突然离职， 曾让公司陷入巨大动荡。尽管该公司仍面临严峻挑战，其营收已连续15个季度出现同比下滑，但最新财 报显示出改善迹象，公司强调其价值主张正获得消费者认同。 Bender在很大程度上延续了其前任Ashley Buchanan制定的战略，包括重振珠宝业务以及增加小码服饰供 应等举措。本季度，公司自有品牌销售额增长1%。 另外，该公司还强化了与丝芙兰等伙伴的合作，引入赛琳娜.戈麦斯的Rare Beauty、普拉达(01913)旗下 Miu Miu、欧莱雅(LRLCY.US)卡诗等潮流品牌，旨在为其中端百货吸引年轻消费者。 Bender在财报中表示："柯尔百货第三季度业绩令人欣喜，这已是连续第三个季度营收与盈利双超预 期。这些成果直接体现了我们推进2025年战略举措的成效，也增强了我们持续向正确方向迈进的信 心。" 柯尔百货(KSS.US)周二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 ...

Core Insights - Kohl's raised its full-year outlook following a surprise profit in the fiscal third quarter, indicating that the company's turnaround efforts are gaining momentum [1] Financial Performance - The company reported a surprise profit in the fiscal third quarter, which contributed to the positive revision of its full-year outlook [1] Strategic Direction - Kohl's management emphasized that the turnaround strategy is showing signs of progress, suggesting effective implementation of their plans [1]

AI Chip Market - Meta Platforms is reportedly in multi-billion-dollar discussions with Google to acquire its custom AI chips, known as Tensor Processing Units (TPUs), starting in 2027 [2] - Google may also rent TPUs to Meta from Google Cloud as early as next year, marking a strategic shift in competition with Nvidia [2] - Broadcom shares rose by as much as 4.6% due to its partnership with Google on TPU development [2] - Michael Burry has drawn parallels between Nvidia and Cisco during the dot-com era, suggesting a potential bubble in the AI market [3] Retail Sector Performance - Kohl's reported Q3 2025 net sales of $3.4 billion, exceeding estimates of $3.33 billion, with shares surging by as much as 25% [4] - Kohl's adjusted EPS was $0.07 against an estimated loss per share of $0.16, raising its full-year adjusted EPS outlook to $1.25 to $1.45 [4] - Best Buy's Q3 2025 revenue reached $9.67 billion, surpassing the estimated $9.58 billion, with adjusted EPS of $1.40 compared to an estimated $1.30 [5] - Best Buy experienced a 2.4% increase in U.S. comparable sales and a 2.7% rise in enterprise comparable sales [5] Economic Indicators - Deutsche Bank forecasts a 25 basis point Federal Reserve rate cut in December, followed by an extended pause in rate adjustments through 2025 [6] - The proportion of unemployed Americans with four-year college degrees has reached a record 25.3% of total unemployment, doubling since the 2008 financial crisis [7] Geopolitical and Energy Market Developments - The UK has expressed willingness to deploy military support for a ceasefire and lasting peace deal in Ukraine [10] - Russia's Black Sea Novorossiisk and CPC oil terminals have resumed loadings after drone attacks, indicating a swift recovery in operations [11] - Iranian crude held on tankers at sea has reached a two-and-a-half-year high, suggesting shifts in global crude demand and supply dynamics [11] Corporate and Policy Updates - Tesla's price target was cut by Mizuho to $475 from $485 [12] - Volkswagen plans to reduce electric vehicle development costs in China by up to 50% [12] - Deutsche Bank downgraded DuPont's price target to $46 from $90 [12] - The China Space Agency is developing new policies for commercial satellite launches, indicating a structured approach to its commercial space sector [12] - French prosecutors have initiated an investigation into eBay [12]

Kohl’s Corp. raised its full-year outlook for the second straight quarter, a sign that Chief Executive Officer Michael Bender is helping to stabilize performance at the struggling retailer. https://t.co/6MBC3g6SKF ...

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Dive Brief: Kohl’s Q3 net sales fell nearly 3% year over year to $3.4 billion, with comps down 1.7%, the department store reported Tuesday. Gross margin expanded by 51 basis points to 39.6%. Inventory of $3.9 billion was down 5% compared to last year. Net income plunged 64% to $8 million. The company has no plans to close locations beyond its usual annual review ...

Kohl's on Tuesday raised its annual forecasts for the second time this year, as the company banks on new collections and promotions across categories to drive demand during the holiday season while na... ...

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Financial Performance - Net sales for Q3 2025 decreased by 2.8% year-over-year to $3.4 billion, with comparable sales down 1.7%[5] - Gross margin increased by 51 basis points to 39.6% of net sales[6] - SG&A expenses decreased by 2.1% year-over-year to $1.3 billion, representing 35.3% of total revenue, an increase of 55 basis points[6] - Operating income for Q3 2025 was $73 million, down from $98 million in the prior year, with an adjusted operating income of $77 million[6] - Net income for Q3 2025 was $8 million, or $0.07 per diluted share, compared to $22 million, or $0.20 per diluted share, in the prior year[6] - Net income for the nine months ended November 1, 2025, was $147 million, a significant increase from $61 million in the same period last year, reflecting a growth of 141%[20] Cash Flow and Liquidity - Cash flow from operating activities was $124 million, a significant improvement from a use of $195 million in the prior year[6] - Net cash provided by operating activities rose to $630 million for the nine months ended November 1, 2025, compared to $52 million in the prior year, indicating a substantial improvement[20] - Cash and cash equivalents at the end of the period were $144 million, down from $174 million, a decrease of 17.24%[20] - The company reported a net cash used in investing activities of $269 million, compared to $363 million in the previous year, showing a reduction of 25.93%[20] - The company had a net cash outflow from financing activities of $351 million, contrasting with a net inflow of $302 million in the prior year[20] Inventory and Assets - Inventory decreased by 5% year-over-year to $3.9 billion[6] - Merchandise inventories decreased from $4,099 million to $3,895 million, a reduction of 4.97% year-over-year[18] - Total assets decreased from $15,054 million in November 2, 2024, to $14,144 million in November 1, 2025, representing a decline of 6.05%[18] - Total current liabilities decreased from $4,393 million to $3,307 million, a decline of 24.74%[18] - Long-term debt increased from $1,174 million to $1,522 million, an increase of 29.6%[18] Dividends and Financial Outlook - Dividends paid decreased significantly from $166 million to $42 million, a reduction of 74.7%[20] - The company raised its full-year 2025 financial outlook following the Q3 results[5] - For the full year 2025, Kohl's expects net sales to decrease by 3.5% to 4% and adjusted diluted EPS in the range of $1.25 to $1.45[11] Leadership Changes - Kohl's Board of Directors appointed Michael J. Bender as CEO effective immediately[4]