These Analysts Boost Their Forecasts On Kohl's After Better-Than-Expected Q3 Results

Core Insights - Kohl's Corporation reported better-than-expected third-quarter fiscal 2025 results, with adjusted earnings per share of 10 cents, surpassing the analyst consensus estimate of a loss of 20 cents [1] - Quarterly revenue reached $3.41 billion, reflecting a year-over-year increase of 2.8% and exceeding the Street's estimate of $3.32 billion, although comparable sales declined by 1.7% [1] Financial Performance - The company raised its fiscal 2025 adjusted EPS guidance to a range of $1.25–$1.45, up from the previous guidance of 50–80 cents, compared to the consensus estimate of 71 cents [2] - Kohl's expects net sales to decline between 3.5% and 4% for the fiscal year [2] Leadership Changes - The Board of Kohl's unanimously named Michael J. Bender as CEO, effective November 23, 2025, after serving as interim CEO since May 1, 2025 [2] Stock Performance - Following the earnings announcement, Kohl's shares increased by 42.5%, closing at $22.42 [3] - Analysts adjusted their price targets for Kohl's, with Evercore ISI Group raising it from $13 to $21 and Telsey Advisory Group increasing it from $16 to $23 [5]