Kohl’s Corporation reported a 4.7 per cent YoY drop in net sales for H1 FY24, with sales at $6.7 billion.
Gross margin improved to 39.6 per cent.
Operating income fell to $209 million, while net income dropped to $39 million.
In Q2, sales decreased 4.2 per cent, but net income grew to $66 million, with inventory down 9 per cent YoY to $3.2 billion.
Gross margin improved to 39.6 per cent.
Operating income fell to $209 million, while net income dropped to $39 million.
In Q2, sales decreased 4.2 per cent, but net income grew to $66 million, with inventory down 9 per cent YoY to $3.2 billion.
