Inside KSS’s Earnings
The company reported net income of $369 million, or $1.83 per share, up from $334 million, or $1.56 per share, a year ago. Analysts expected to see EPS of $1.80.
Revenue
Revenue for the quarter increased to $6.34 billion from $6.10 billion. Analysts expected to see revenue of $6.33 billion.
Outlook
Looking ahead, KSS expects to see FY2015 EPS between $4.40 and $4.60. Analysts expect to see EPS of $4.54.
Impressive Holiday Sales
Kohl’s also announced that it has boosted its dividend by 15%, which has raised its yield to about 2.5%.
For FY2015, the company expects sales to grow by 1.8%-2.8%, which is in-line with analysts’ view of 2% growth.
Mutual Funds to Watch
Symbol | Mutual Fund | Stake |
---|---|---|
PRFDX | T. Rowe Price Equity Income | 2.72% |
{% mutualfund VTSMX %} | Vanguard Total Stock Mkt Idx | 2.12% |
ACSTX | Invesco Comstock | 1.57% |