Kohl's Q3 higher than expected, same store sales up

12/11/2009 - 12:30

Puntúa la noticia :

Nota de los usuarios: - (0votos)

Bolsa, mercados y cotizaciones

Empresas y finanzas

elEconomista.es en Twitter

Follow @eleconomistaes

EcoTablet - ¡Gratis en App Store!

La plataforma más completa de información y servicios económicos para iPad.

Suscribirse al boletín
Imprimir
Enviar
Aumentar texto
Reducir texto
Haga doble click sobre una palabra para ver su signifcado
Sudoku: Juega cada día a uno nuevo
El tiempo: Consulta la previsión para tu ciudad

NEW YORK (Reuters) - Department store operator Kohl's Corp reported a larger-than-expected quarterly profit on Thursday, helped by inventory controls and sales of brands it offers exclusively.

Kohl's net profit rose 20 percent to $193 million, or 63 cents a share, in the third quarter ended October 31, from $160 million, or 52 cents a share, a year earlier.

Kohl's sales rose 6.5 percent to $4.1 billion in the third quarter. It also reported same-store sales - sales at stores open at least a year - were up 2.4 percent during the quarter.

Analysts, on average, had been expecting a profit of 61 cents per share and sales of $4 billion during the quarter, according to Thomson Reuters I/B/E/S.

Kohl's expects total sales to rise between 3 percent 6 percent in the fourth quarter. It expects same store sales will range between a 1 percent decline to a 2 percent gain.

It forecast fourth-quarter earnings of between $1.14 and $1.24 per share. Analysts were expecting a fourth quarter profit of $1.25 per share, according to Thomson ReutersI/B/E/S.

(Reporting by Phil Wahba; Editing by Derek Caney)

- Recibe nuestros análisis Diarios sobre Divisas, Acciones y Opciones. ¡Apúntate ya! ¡Es GRATIS!

- Opere en más de 8.000 CFDs. Infórmese y obtenga su CFD Trading Guide

- Nuevos spreads en materias primas: Oro tan sólo 0,3 puntos, Plata 0,25, Petróleo 0,35

- Opera desde 2,95 € en tiempo real con Self Bank.

El Flash del mercadoen elEconomista.es

elMonitor
La herramienta para el ahorrador en Bolsa Construya su cartera de inversión de forma clara y sencilla con las recomendaciones de elMonitor. ¡Regístrese y pruébelo GRATIS!