Kohl's: Overview of Fourth Quarter Financial Results
Kohl's Reports $125 Million Profit in Fourth Quarter
Kohl's Corp., headquartered in Menomonee Falls, Wisconsin, announced a net profit of $125 million for its fiscal fourth quarter.
The retailer earned $1.07 per share during the quarter, surpassing the consensus forecast from analysts, who had anticipated earnings of 85 cents per share, according to Zacks Investment Research.
Despite the earnings beat, Kohl's generated $5.17 billion in revenue for the quarter, falling short of the $5.23 billion expected by analysts surveyed by Zacks.
For the full fiscal year, Kohl's reported a total profit of $272 million, translating to $2.38 per share, with annual revenue reaching $15.53 billion.
Looking ahead, the company projects its earnings for the upcoming year to fall between $1 and $1.60 per share.
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