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Kohl's Corp Issues FY 2013 Guidance; EPS Guidance Below Analysts' Estimates; Issues Q1 2013 EPS Guidance; Comments On Q1 2013 Revenue Guidance; Comments On Q1, FY 2013 Comparable Store Sales Guidance

Thursday, 28 Feb 2013 07:00am EST 

Kohl's Corp announced that it has issued its initial guidance for fiscal 2013. Based on assumptions of total and comparable store sales increases of 0 to 2%, the Company expects earnings per diluted share (EPS) of $4.15 to $4.45 for fiscal 2013. For the first fiscal quarter of 2013, the Company expects earnings per diluted share (EPS) of $0.55 to $0.63 per diluted share based on assumptions of a total sales increase of 0.5% to 2.5% and a comparable store sales increase of 0% to 2%. The Company reported revenues of $19.279 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $0.62 on revenue of $4.30 billion for the first quarter of 2013; EPS of $4.56 on revenue of $19.500 billion for fiscal 2013. 

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