Home / Knowledge / News / Apparel/Garments / Earnings rise despite sales dip at Kohl's in Q2FY15
Earnings rise despite sales dip at Kohl's in Q2FY15
Aug '14
Earnings improved at department store chain Kohl’s in fiscal second-quarter ending August 2, as lower expenses hid a marginal decline in revenue.

In the second fiscal quarter of 2014, Kohl’s reported a profit of $232 million, up slightly from $231 million, a year earlier.

Diluted earnings per share rose 9 percent to $1.13 in the quarter under review from $1.04 in the comparable quarter of the previous fiscal year.

Sales fell slightly by 1.1 percent to $4.24 billion in the second fiscal quarter of 2014 against $4.28 billion in same period of 2013, while comparable store sales declined 1.3 percent.

During the quarter under review, gross margin narrowed slightly to 39 percent from 39.1 percent year-on-year, while operating expenses fell 1.8 percent from a year earlier to $1.2 billion.

“Sales improved as the quarter progressed, with the most dramatic improvement happening in July as we achieved positive sales at existing stores in the same month,” said CEO Kevin Mansell.

Kohl’s added 5 new stores from the same quarter last year and ended the quarter with 1,160 stores in 49 states.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search