Kohl's (KSS) Reports Q1 Loss, Misses Revenue Estimates

Core Viewpoint - Kohl's reported a quarterly loss of $0.24 per share, significantly missing the Zacks Consensus Estimate of $0.04, marking a 700% earnings surprise [1] - The company's revenues for the quarter were $3.38 billion, falling short of the Zacks Consensus Estimate by 4.47% and down from $3.57 billion year-over-year [2] Financial Performance - Over the last four quarters, Kohl's has surpassed consensus EPS estimates three times, but has not beaten revenue estimates during the same period [2] - The current consensus EPS estimate for the upcoming quarter is $0.67 on revenues of $3.92 billion, and for the current fiscal year, it is $2.24 on revenues of $17.13 billion [6] Market Position - Kohl's shares have declined approximately 5% since the beginning of the year, contrasting with the S&P 500's gain of 10.4% [3] - The Zacks Rank for Kohl's is currently 3 (Hold), indicating expected performance in line with the market in the near future [5] Industry Context - The Retail - Regional Department Stores industry, to which Kohl's belongs, is currently in the top 15% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [7]