Kohl's Corp. said its normalized net income for the fiscal third quarter ended Nov. 1 came to 67 cents per share, compared with the S&P Capital IQ consensus estimate of 74 cents per share.
EPS declined 16.3% year over year from 81 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $136.9 million, a decrease of 22.1% from $175.6 million in the year-earlier period.
The normalized profit margin declined to 3.1% from 4.0% in the year-earlier period.
Total revenue fell on an annual basis to $4.37 billion from $4.44 billion, and total operating expenses totaled $4.07 billion, compared with $4.08 billion in the prior-year period.
Reported net income declined 19.5% year over year to $142.1 million, or 70 cents per share, from $176.6 million, or 81 cents per share.
