Kohl’s Company (NYSE: KSS) reported a narrower web loss for the primary quarter of 2025. The division retailer chain’s web gross sales decreased 4% in Q1.
Internet gross sales declined 4% year-over-year to $3.0 billion within the first three months of fiscal 2025. Comparable retailer gross sales dropped 3.9%.
The corporate reported a web lack of $15 million or $0.13 per share for the April quarter, in comparison with a lack of $27 million or $0.24 per share within the year-ago quarter. For fiscal 2025, the administration continues to anticipate web gross sales to lower by 5-7%. Full-year earnings per share are anticipated to be within the vary of $0.10 to $0.60.
