Analyzing Kohl’s Corporation's First Quarter 2024 Performance Through Infographic

Thursday, 30 May 2024, 13:13
In the first quarter of 2024, Kohl’s Corporation (NYSE: KSS) experienced a 5.3% decrease in net sales and a 4.4% decrease in comparable sales. The company reported a net loss of $27 million, or $0.24 per share, in contrast to a net income of $14 million, or $0.13 per share, in the previous year. This infographic provides a visual representation of Kohl’s financial performance in Q1 2024, highlighting key metrics and trends.
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Analyzing Kohl’s Corporation's First Quarter 2024 Performance Through Infographic

Kohl’s Corporation Q1 2024 Performance Overview

In the first quarter of 2024, Kohl’s Corporation (NYSE: KSS) reported a 5.3% decrease in net sales to $3.2 billion. Comparable sales also saw a decline of 4.4%.

Financial Results

  • Net loss of $27 million, or $0.24 per share
  • Net income of $14 million, or $0.13 per share in the prior year

Conclusion: Kohl’s Corporation faced challenges in Q1 2024 with declining sales and a net loss, indicating the need for strategic measures to improve performance in subsequent quarters.

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