Kohl's Corporation NYSE: KSS finds itself navigating choppy waters in the turbulent sea of the retail sector. The renowned omnichannel retailer, known for its value-driven offerings and loyal customer base, recently released its second-quarter fiscal year 2024 earnings report. Kohl's earnings report release provided a picture of resilience despite the challenging retail environment. Get Kohl's alerts: Kohl's Q2 2024 Performance: Weathering the Storm Kohl's Today Kohl's $20.83 +1.23 (+6.28%) 52-Week Range $1 ...

财务数据和关键指标变化 - 第二季度销售额下降4.2%,同比下降5.1% [45] - 毛利率为39.6%,同比增加59个基点 [47] - 销售、一般及管理费用下降4.2%,同比下降 [48] - 净利润为6600万美元,每股收益为0.59美元 [51] 各条业务线数据和关键指标变化 - Sephora业务继续强劲增长,销售额增长约45% [16] - 家居装饰、礼品和冲动品类销售增长良好 [20][21][23] - 女装和内衣等核心品类表现不佳 [29][34][36] - 运动服装业务有所改善,但仍未完全扭转 [33] 各个市场数据和关键指标变化 - 线上销售表现优于实体店 [45] - 新客户数量增加,整体交易量上升,但客户消费谨慎 [11][45] 公司战略和发展方向及行业竞争 - 公司正在努力重塑Kohl's,采取多项战略举措 [10][14] - 将继续加强客户体验、简化价值策略、严格管理库存和费用、加强资产负债表 [14] - 与Sephora的合作取得成功,未来将继续拓展 [16][18][19] - 将推出新的品牌和产品线,如Babies "R" Us等 [24][25] 管理层对经营环境和未来前景的评论 - 宏观经济环境仍然充满挑战,中低收入客户受到通胀和高利率的压力 [29][39] - 将通过营销和定价策略来应对当前环境 [30][64] - 有信心通过各项战略举措最终实现增长 [38][41] 其他重要信息 - 库存下降9%,存货周转率提高7% [52] - 经营活动现金流增加2.28亿美元,自由现金流改善 [53] - 减少长期债务1.13亿美元,降低贷款余额 [28][55] - 维持现有水平的股息支付 [56] 问答环节重要的提问和回答 问题1 **Bob Drbul 提问** 核心业务中女装和裙装类别的表现如何,以及未来的促销环境预期 [63] **Tom Kingsbury 回答** 女装业务仍需改善,团队正在密切关注。预计未来的促销环境将非常激烈,公司将努力为客户提供更多的价值 [64][65] 问题2 **Amy Teske 提问** 本季度需求的节奏如何,以及核心产品举措的信心来源 [68] **Jill Timm 回答** 需求在全季度保持相对稳定。新品和品类调整正在发挥作用,为未来增长带来信心 [69][70] 问题3 **Chuck Grom 提问** Sephora业务的交叉销售情况如何,以及如何更好地利用Sephora带来的机会 [72] **Tom Kingsbury 和 Jill Timm 回答** Sephora客户的交叉购买率保持稳定,约35%。将通过调整店内布局等方式进一步发挥Sephora的协同效应 [73][74][77]

文章核心观点 - 公司在第二季度财报中业绩呈现参差不齐的表现 [1][4][5] - 公司面临消费者环境挑战,核心业务下滑,但关键增长领域如Sephora、家居装饰、礼品和冲动购买表现良好 [2] - 公司毛利率有所改善,库存和费用管理也有所提升,对未来增长计划保持乐观 [3] 财务指标总结 - 收入同比下降4.2%至35.25亿美元,低于市场预期 [5] - 同店销售同比下降5.1% [5] - 毛利率同比提升59个基点至39.6% [6] - 销售费用同比下降4.2%至12.5亿美元 [6] - 营业利润同比增长至1.66亿美元,利润率提升26个基点至4.4% [7] - 公司预计2024财年销售下降4-6%,同店销售下降3-5%,但盈利指引上调 [11] 公司财务状况 - 公司现金及等价物为2.31亿美元,股东权益38.3亿美元 [8] - 上半年经营活动现金流为2.47亿美元 [8] - 预计2024财年资本支出约5亿美元,主要用于Sephora合作扩张和门店投资 [9] - 公司宣布每股0.5美元的季度现金股利 [10] 行业及同行表现 - 公司股价在过去3个月内下跌28.1%,低于同行业下跌22% [12] - 同行Sprouts Farmers、Boot Barn和PriceSmart表现较好,未来业绩有望保持增长 [13][15][17]

For the quarter ended July 2024, Kohl's (KSS) reported revenue of $3.73 billion, down 4.2% over the same period last year. EPS came in at $0.59, compared to $0.52 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $3.8 billion, representing a surprise of -1.85%. The company delivered an EPS surprise of +28.26%, with the consensus EPS estimate being $0.46. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they co ...

Kohl's (KSS) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 28.26%. A quarter ago, it was expected that this department store operator would post earnings of $0.04 per share when it actually produced a loss of $0.24, delivering a surprise of -700%. Over the last four quarters, the co ...

业绩总结 - 2024年第二季度净销售额同比下降4.2%，可比销售额下降5.1%[27] - 2024年第二季度每股摊薄收益为0.59美元，净收入为6600万美元[27] - 2024年第二季度毛利率较去年增加59个基点，达到39.6%[29] - 2024年第二季度销售、一般和管理费用(SG&A)同比下降4.2%，为12.5亿美元[30] - 2024年全年净销售额预期下降4%至6%[18] 现金流与资本支出 - 2024年上半年运营现金流为2.47亿美元，相较于2023年上半年的2.28亿美元增长了8.33%[34] - 2024年上半年资本支出为2.39亿美元，较2023年上半年的3.38亿美元减少了29.24%[34] - 2024年上半年调整后的自由现金流为-3400万美元，而2023年上半年为-1.4亿美元，改善了75%[34] - 2024年资本支出预计约为5亿美元，计划每年向股东返还约2.2亿美元的股息[22] 债务管理 - 2024年末长期债务预计将减少至16亿美元，较2017年减少超过10亿美元[24] - 健康的债务结构中，2025年到期的5亿美元债券利率为4.625%[37] - 2027年到期的4.27亿美元债券利率为5.55%[37] - 2028年到期的3.53亿美元债券利率为4.25%[37] - 2030年到期的1.12亿美元债券利率为6.00%[37] - 2032年到期的1.01亿美元债券利率为6.875%[37] - 2034年到期的4200万美元债券利率为7.25%[37] 市场表现与展望 - Sephora在Kohl's的销售在2024年第二季度增长约45%，预计到2025年销售额将超过20亿美元[12] - 家居装饰和礼品类销售在2024年第二季度分别增长超过35%和30%[14] - 2024年将继续加强库存管理，库存余额较去年下降9%[27]

财务表现 - 净销售额同比下降4.2%，可比销售额同比下降5.1%[4] - 毛利率同比增加59个基点至39.6%[4] - 每股摊薄收益为0.59美元，上年同期为0.52美元[6] - 库存同比下降9%[6] 财务指引 - 全年2024财年财务指引:净销售额下降4%至6%，可比销售额下降3%至5%，营业利润率3.4%至3.8%，每股收益1.75美元至2.25美元[10] 资本开支 - 资本开支约5亿美元,包括Sephora合作伙伴关系的扩展和其他门店相关投资[10] 股利政策 - 宣布每季度派发0.50美元的现金股利[10] 债务管理 - 通过赎回剩余的9.50%到期日为2025年5月15日的债券,减少1.13亿美元长期债务[6,9]

Kohl's Corporation KSS is expected to release earnings results for its second quarter, before the opening bell on Wednesday. Analysts expect the Menomonee Falls, Wisconsin-based company to report quarterly earnings at 45 cents per share, down from 52 cents per share in the year-ago period. Kohl's is projected to post revenue of $3.58 billion, according to data from Benzinga Pro. On Aug. 21, Telsey Advisory Group analyst Dana Telsey maintained Kohl's with a Market Perform and maintained a price target of $23 ...

The upcoming report from Kohl's (KSS) is expected to reveal quarterly earnings of $0.46 per share, indicating a decline of 11.5% compared to the year-ago period. Analysts forecast revenues of $3.8 billion, representing a decrease of 2.4% year over year. Over the last 30 days, there has been an upward revision of 24.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this ...

Kohl's Corporation (KSS) is likely to register top- and bottom-line declines when it reports second-quarter fiscal 2024 earnings on Aug 28 before the opening bell. The Zacks Consensus Estimate for revenues is pegged at $3.81 billion, suggesting a drop of 2.2% from the prior-year quarter's reported figure. The consensus mark for quarterly earnings has moved down 10.9% in the past 30 days to 49 cents per share. This indicates a slump of 5.8% from the year-ago quarter's reported figure. KSS has a trailing four ...