Latest News by Industry
MENOMONEE FALLS, Wis. (AP) — MENOMONEE FALLS, Wis. (AP) — Kohl's Corp. (KSS) on Thursday reported a loss of $27 million in its fiscal first quarter.
On a per-share basis, the Menomonee Falls, Wisconsin-based company said it had a loss of 24 cents.
The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.
The department store operator posted revenue of $3.38 billion in the period, also falling short of Street forecasts. Five analysts surveyed by Zacks expected $3.54 billion.
Kohl's expects full-year earnings to be $1.25 to $1.85 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a KSS">Zacks stock report on KSS at https://www.zacks.com/ap/KSS