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) ...

格隆汇11月25日｜柯尔百货美股盘前直线拉升，现大涨近23%。消息面上，公司第三季度销售净额 34.07亿美元，高于预期的33.3亿美元；公司上调全财年指引。 ...

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... ...

天眼查App显示，近日，株洲市冠格百货店（个人独资）成立，法定代表人为冯建勇，注册资本1万人 民币，经营范围为一般项目：互联网销售（除销售需要许可的商品）；汽车零配件零售；日用家电零 售；服装服饰零售；体育用品及器材零售；办公用品销售；日用百货销售；鞋帽零售；电子元器件零 售；五金产品零售；显示器件销售；文具用品零售；模具销售；厨具卫具及日用杂品零售；计算机软硬 件及辅助设备零售；机械零件、零部件销售；日用品销售；日用陶瓷制品销售；日用杂品销售（除依法 须经批准的项目外，自主开展法律法规未禁止、未限制的经营活动）。 ...

每经AI快讯，大东方（SH 600327，收盘价：4.99元）11月24日晚间发布公告称，无锡商业大厦大东方 股份有限公司所属控股子公司上海均瑶医疗健康科技有限公司拟将所持有的金华联济医院有限公司80% 的股权及均瑶医疗对金华联济的债权转让给金华市林天生物科技有限公司。其中：均瑶医疗持有的金华 联济80%股权，拟以1元转让给受让方；均瑶医疗享有的对金华联济的债权合计约8999.1万元，拟以580 万元转让给受让方。 （记者 曾健辉） 截至发稿，大东方市值为44亿元。 每经头条（nbdtoutiao）——大鹏工业战略配售"肥"了自家人！认购价9元，上市首日涨到118元，实控 人和亲哥哥凭配售一天浮盈2492万元 2025年1至6月份，大东方的营业收入构成为：医疗服务占比79.25%，百货零售占比14.91%，餐饮与食 品销售占比5.7%，其他占比0.57%，抵消占比-0.44%。 ...

天眼查App显示，近日，淮安经济技术开发区悦活优选百货店（个体工商户）成立，法定代表人为杨 涛，注册资本5万人民币，经营范围为许可项目：食品销售（依法须经批准的项目，经相关部门批准后 方可开展经营活动，具体经营项目以审批结果为准）一般项目：日用百货销售；日用品批发；日用品销 售；食品销售（仅销售预包装食品）；食品互联网销售（仅销售预包装食品）；包装服务；市场营销策 划；装卸搬运；凭总公司授权开展经营活动；总质量4.5吨及以下普通货运车辆道路货物运输（除网络 货运和危险货物）；日用杂品销售（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

2025年1至6月份，大东方的营业收入构成为：医疗服务占比79.25%，百货零售占比14.91%，餐饮与食 品销售占比5.7%，其他占比0.57%，抵消占比-0.44%。 截至发稿，大东方市值为44亿元。 每经头条（nbdtoutiao）——大鹏工业战略配售"肥"了自家人！认购价9元，上市首日涨到118元，实控 人和亲哥哥凭配售一天浮盈2492万元 每经AI快讯，大东方（SH 600327，收盘价：4.99元）11月24日晚间发布公告称，公司第九届2025年第 二次董事会临时会议于2025年11月24日以通讯表决方式召开。会议审议了《大东方关于转让控股孙公司 股权及债权的议案》等文件。 （记者 曾健辉） ...