Kohl's Q3 net sales down 2.8% to USD 3.4 billion

Reuters12-04
Kohl's Q3 net sales down 2.8% to USD 3.4 billion

Kohl's reported third quarter (Q3) net sales of USD 3.4 billion, a decrease of 2.8%. Comparable sales for the period were down 1.7%. Gross margin as a percentage of net sales improved by 0.51 percentage points to 39.6%. Selling, general, and administrative (SG&A) expenses decreased 2.1% to USD 1.3 billion. For the full year 2025, Kohl's expects net sales to decline by 3.5% to 4% and comparable sales to decrease by 2.5% to 3%. The company anticipates its adjusted operating margin will range from 3.1% to 3.2%, with adjusted diluted earnings per share expected between USD 1.25 and USD 1.45. Capital expenditures for the year are projected at approximately USD 400 million. Kohl's Board of Directors declared a quarterly cash dividend of USD 0.125 per share, payable on December 24, 2025, to shareholders of record as of December 10, 2025.

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