Kohl’s sees FY24 EPS $2.10 – $2.70, consensus $2.61

For FY24 revenue the Company’s guidance includes the potential impact from credit card late fee regulatory changes in the second half of 2024. The Company currently expects the following: Net sales: A decrease of 1% to an increase of 1%; Comparable sales: In the range of 0% to 2%…Operating margin: In the range of 3.6% to 4.1%, Consensus fro FY24 revenue is 16.54B.”Looking ahead, we are incredibly focused on delivering comparable sales growth in 2024. Our strategic initiatives are positioned to build momentum and contribute more meaningfully, and we will partner with Babies “R” Us to meaningfully expand our presence in the baby gear category which represents a compelling white space opportunity for Kohl’s. Through our collective efforts Kohl’s is becoming more relevant to customers, which strengthens our conviction in our longer-term opportunity,” Kingsbury continued.