Kohl’s reports Q4 adjusted EPS 95c, consensus 77c

Reports Q4 revenue $5.18B, consensus $5.18B. Comparable sales decreased 6.7% in Q4. Inventory was $2.9B, an increase of 2% year-over-year. Ashley Buchanan, Kohl’s (KSS) CEO, said “Kohl’s is built on a strong foundation that includes operating more than 1,100 conveniently located stores nationwide, serving over 60 million customers, with 30 million of those customers being Kohl’s Loyalty Members. Kohl’s has a tremendous opportunity to build on our strengths, address key areas of opportunity and better serve our customers every day. ”