Analyzing Kohl’s Corporation's First Quarter 2024 Performance Through Infographic
Thursday, 30 May 2024, 13:13
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.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.