Kohls Corp Q2 2021 Earnings Call Summary - Thomson StreetEvents

Kohls Corp Q2 2021 Earnings Call Summary

Kohls Corp Q2 2021 Earnings Call Summary - Thomson StreetEvents
Kohls Corp Q2 2021 Earnings Call Summary
Published Aug 19, 2021
19 pages (12013 words) — Published Aug 19, 2021
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of KSS.N earnings conference call or presentation 19-Aug-21 1:00pm GMT

  
Brief Excerpt:

...A. Overview: Achieved record 2Q earnings. 1. 2. Co. is raising sales and earnings expectations for full year and for 2H21. Guiding full-year EPS to an all-time record level. a. 3. Confidence Co. has in the business is reflected in accelerated share repurchase activity during qtr. and updated expectations for year. 4. Delivered record 2Q diluted EPS of $2.48 as both sales and margins materially exceeded expectations. Sales increased 31% YoverY, surpassing 2Q19. a. b. Through significant GM expansion and disciplined expense management, Co. achieved an operating margin of 12.8% which is a 10-year high. 5. Co. further strengthened its financial position and accelerated the return of capital to shareholders. 6. Repurchased more than $250m of shares in qtr. and now expects to repurchase $500-700m for year. This underscores Co.'s confidence in the future and commitment to creating shareholder value. a. 7. Ended in a strong cash position of $2.6b. 8. Co. is on the eve of launching several transformational...

  
Report Type:

Brief

Source:
Company:
Kohls Corp
Ticker
KSS.N
Time
1:00pm GMT
Format:
PDF Adobe Acrobat
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Kohls Corp Q2 2021 Earnings Call Transcript – 2021-08-19 – US$ 54.00 – Edited Transcript of KSS.N earnings conference call or presentation 19-Aug-21 1:00pm GMT

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Kohls Corp Q1 2021 Earnings Call Transcript – 2021-05-20 – US$ 54.00 – Edited Transcript of KSS.N earnings conference call or presentation 20-May-21 1:00pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Kohls Corp Q2 2021 Earnings Call Summary" Aug 19, 2021. Alacra Store. May 20, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-Kohls-Corp-Earnings-Call-B14937518>
  
APA:
Thomson StreetEvents. (2021). Kohls Corp Q2 2021 Earnings Call Summary Aug 19, 2021. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-Kohls-Corp-Earnings-Call-B14937518>
  
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