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© 2026 Benzinga | All Rights Reserved
November 5, 2010 10:00 AM 1 min read

Citigroup Raises Kohl's Estimates, Introduces 2013 And 2014

by BenzingaStaffL
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KSS Logo
KSSKohl's Corp
$17.54-6.60%
Overview
Footwear was the strongest line of Kohl's Corporation's (NYSE:
KSS
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Analyst RatingsCitigroupConsumer DiscretionaryDepartment Stores
) business for the month of October, posting a mid-single digit comp, led by athletic shoes, Citigroup reports. “Home and women's were also above the company average. Home had strength in small electrics, luggage, and food preparation, while the strongest areas of women's were Sonoma, intimates, and updated looks in missy,” Citigroup writes. “Men's performed in-line with the company average, while kid's and accessories were below. KSS noted that handbags were soft, while fashion jewelry and watches were stronger.” Citigroup is raising its 2011 EPS estimate to $4.27, up from $4.26 previously and above consensus of $4.21. “Our EPS revision reflects our updated SSS and operating margin assumptions,” Citigroup adds, noting that it is introducing the following 2011 quarterly EPS estimates: – 1Q11E: $0.72, vs. consensus of $0.70 – 2Q11E: $0.97, vs. consensus of $0.94 – 3Q11E: $0.77, vs. consensus of $0.82 – 4Q11E: $1.81, vs. consensus of $1.80 Citigroup also introduced its 2013 EPS estimate ($5.47) and 2014 EPS estimate ($6.09). Kohl's Corporation currently trades at $52.57.
KSS Logo
KSSKohl's Corp
$17.54-6.60%
Overview
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