Kohl’s(US:KSS) Zhi Tong Cai Jing·2025-08-27 14:05Core Viewpoint - Kohl's Corporation (KSS.US) shares surged over 22% to $15.90 following an upward revision of its full-year performance expectations, signaling early success in the company's turnaround strategy [1] Financial Performance - The company now expects same-store sales decline to narrow to within 5%, better than the previous estimate of a 6% decline [1] - Net sales are projected to decrease by 5% to 6%, an improvement from the earlier forecast of a 5% to 7% decline [1] - Full-year earnings per share are anticipated to be between $0.50 and $0.80, significantly higher than the previous range of $0.10 to $0.60 [1] Second Quarter Results - For the second quarter, net sales fell from $3.53 billion to $3.35 billion, yet exceeded Wall Street's expectation of $3.32 billion [1] - Adjusted earnings per share were reported at $0.56, far surpassing the market expectation of $0.29 [1] - Same-store sales declined by 4.2%, which was better than analysts' forecast of a 5% decline [1]