Loading...
•
Feb 01, 2025
Kohl's Q4 2024 Earnings Report
Kohl's reported a decline in Q4 2024 sales and earnings.
Key Takeaways
Kohl's Q4 2024 net sales fell 9.4% to $5.4 billion, with comparable sales declining 6.7%. GAAP EPS was $0.43, while adjusted EPS stood at $0.95. Operating income dropped significantly to $126 million from $299 million in the prior year, reflecting margin pressures.
Net sales declined 9.4% to $5.4 billion.
Comparable sales fell 6.7% year-over-year.
Operating income decreased by 57.9% to $126 million.
Adjusted EPS of $0.95 compared to $1.67 last year.
Forward Guidance
Kohl's expects sales to continue declining in FY 2025 but aims to stabilize profitability through cost control initiatives.
Positive Outlook
- Focus on improving product assortment and pricing.
- Expansion of loyalty program to enhance customer engagement.
- Ongoing cost-cutting efforts to improve margins.
- Inventory management improvements to optimize stock levels.
- Dividend declared, maintaining shareholder returns.
Challenges Ahead
- Expected sales decline of 5% to 7% in FY 2025.
- Comparable sales projected to decrease between 4% and 6%.
- Operating margin expected to remain under pressure.
- Consumer spending headwinds may impact sales recovery.
- Macroeconomic uncertainties continue to pose risks.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...