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Kohl's first quarter earnings decline
19 May '08
2 min read
Earnings Guidance – Second Quarter and Fiscal 2008:
The Company issued its initial guidance for the second fiscal quarter and updated its guidance for fiscal 2008. For the second fiscal quarter, the Company expects earnings per diluted share of $0.70 to $0.74.
Based on its first quarter results and assumptions of a total sales increase of 2% to 4% and a comparable sales change of negative 3% to negative 5% for the year, the Company now expects earnings per diluted share of $2.95 to $3.15 for the year.
The Company issued its initial guidance for the second fiscal quarter and updated its guidance for fiscal 2008. For the second fiscal quarter, the Company expects earnings per diluted share of $0.70 to $0.74.
Based on its first quarter results and assumptions of a total sales increase of 2% to 4% and a comparable sales change of negative 3% to negative 5% for the year, the Company now expects earnings per diluted share of $2.95 to $3.15 for the year.
Kohl's Corporation
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