Kohl's EPS beats by $0.63, beats on revenue – Seeking Alpha
Kohl’s (NYSE:KSS): Q2 Non-GAAP EPS of -$0.25 beats by $0.63; GAAP EPS of $0.30 beats by $1.30.
Revenue of $3.41B (-23.0% Y/Y) beats by $340M.
The company is not reporting comparable sales due to store closures; Suspended dividend beginning 2Q20.
“As we look ahead, we are planning for the crisis to continue to impact our business in the near-term,” said Gass. “We are well-positioned to capitalize on evolving customer behaviors and the retail industry disruption, which we believe will drive long-term growth and increased market share.”
Shares +1.3% PM.