BUZZ-PREVIEW: Kohl's seen reporting decline in rev, EPS in results due before the bell

Reuters
Mar 10
BUZZ-PREVIEW: Kohl's seen reporting decline in rev, EPS in results due before the bell

** Shares of Kohl's Corp KSS.N were down 6.7% at $14.11 on Mon and at their lowest level since October, with the department store operator seen reporting lower revenue and EPS in its qtrly results due before the bell on Tues

** Other retailer shares were also lower on Mon as oil prices extended recent sharp gains

** KSS is expected to post Q4 rev of $5.03 bln vs $5.18 bln in the yr-ago period, and adj EPS of 85c/shr, down from 95c a yr ago, per LSEG

** Investors are likely to focus on the co's strategy to counter weak sales

** In its last report, the co guided for a full-year rev decline of 3.5% to 4% and adj EPS of $1.25 to $1.45

** KSS stock has plunged 31.5% YTD, underperforming the S&P 500's .SPX 2.1% fall in that period

(Reporting by Caroline Valetkevitch, editing by Colin Barr)

((caroline.valetkevitch@thomsonreuters.com))

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