GO
Loading...

Kohl's earnings, revenue miss expectations

Getty Images

Kohl's delivered quarterly earnings and revenue that fell short of analysts' expectations on Thursday.

After the earnings announcement, the apparel and home products company's shares fell in pre-market trading. (Click here to get the latest quote.)

The company posted first-quarter earnings of 60 cents per share, down from 66 cents per share in the year-earlier period.

Revenue decreased to $4.07 billion from $4.2 billion a year ago.

Analysts had expected Kohl's to report earnings of 62 cents per share on $4.22 billion in revenue, according to a consensus estimate from Thomson Reuters.

Since the year began, retailers have been struggling to gain traction, with steep discounts having provided little boost to their bottom lines. Meanwhile, many are still shaking off the frigid winter's effects.

By CNBC

Contact Earnings

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    To learn more about how we use your information,
    please read our Privacy Policy.
    › Learn More