trending Market Intelligence /marketintelligence/en/news-insights/trending/KMMgCEixLoB6yCc5UmlHZg2 content esgSubNav
In This List

Kohl's fiscal Q1 profit climbs YOY

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Podcast

Next in Tech | Episode 65: The operations side of AI/ML


Kohl's fiscal Q1 profit climbs YOY

Kohl's Corp. said its normalized net income for the fiscal first quarter ended May 2 came to 61 cents per share, compared with the S&P Capital IQ consensus estimate of 55 cents per share.

EPS rose year over year from 59 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $122.5 million, compared with $121.9 million in the prior-year period.

The normalized profit margin declined to 3.0% from 3.0% in the year-earlier period.

Total revenue grew year over year to $4.12 billion from $4.07 billion, and total operating expenses grew on an annual basis to $3.84 billion from $3.79 billion.

Reported net income grew year over year to $127.3 million, or 63 cents per share, from $124.8 million, or 60 cents per share.