The US individual trading company Kohl’s presented its figures for the second business district, which had expired on August 2.
• sales development on expectations
• Financial forecast for the year 2025 raised
• share with course jump
Results show progress
As the company writes in its press release, net sales decreased by 5.1 percent to $ 3.3 billion compared to the same period in the previous year, with the comparable turnover decreasing by 4.2 percent. The gross margin as a percentage of net sales was 39.9 percent – an increase of 28 basis points.
The net win was $ 153 million or $ 1.35 per watered share. The adjusted net profit was $ 64 million or $ 0.56 per adjusted water. In comparison, the net profit in the previous year was $ 66 million or $ 0.59 per watered share. The operative cash flow was $ 598 million compared to $ 254 million in the previous year.
Forecast
In addition, the company announced the increase in financial forecast for the year 2025. For the whole year, the company now expects an adjusted watering result per share between $ 0.50 and $ 0.80 instead of the previously expected $ 0.10 to $ 0.60.
Michael Bender, Interim CEO of Kohl’s, is cited in the press release as follows: “The results of Kohl’s in the second quarter are proof of the progress that we make in our initiatives for 2025. This led to a sales development that exceeded our expectations. to achieve continuous improvements. ”
“In addition to our sales progress, we managed the business with great discipline this quarter. We were able to expand our gross margins, reduce our inventory and reduce our expenses, which led to solid results in the second quarter. I am still impressed by our entire team at Kohl’s and I am grateful for all their hard work,” said Bender.
Kohl’s share with a course jump
The Kohl’s share then recorded a course jump on the NYSE: At times, the shareholders increase 18.68 percent to $ 15.48. Since the beginning of the year, a minus of around 7 percent has recently been on the spa board (as of the final course of August 26, 2025).
Editor finance.net
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