Amid a double-digit increase in digital sales and a focus on omnichannel efforts, Kohl’s Corporation beat analysts’ top-line revenue and earnings estimates for the fourth-quarter of 2018. The department store retailer reported revenues of $6.8 billion and earnings per share of $2.24 compared to analysts’...
May 19, 2020
As it took fast and aggressive steps to respond to the pandemic, steps that resulted in positive operating cash flow, Kohl’s reported a first quarter net sales drop of 43.5 percent. The retailer, however, said it grew its financial flexibility during the quarter, which it concluded with $2 billion in cash, according to an announcement. […]
