Jefferies Reports Khol's FY EPS Unchanged

According to Jefferies, Kohl's KSS FY EPS is unchanged. Jefferies said that it upped its 1Q EPS to get in line with guidance, but left full year alone as we assume for now that some expenses may have shifted forward. “We expect management to guide 2-4% comp store sales gain for Q2 and a range of $0.95-$1.00 before buyback, putting the Street at the high end (Street appears to be building in buybacks, which could add $0.01).” Kohl's closed yesterday at $52.93.