Kohls Corp (KSS)
Gross profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 373,000 | -80,000 | 1,219,000 | -525,000 | 941,000 |
| Revenue | US$ in thousands | 17,132,000 | 17,794,000 | 18,972,000 | 15,798,000 | 19,776,000 |
| Gross profit margin | 2.18% | -0.45% | 6.43% | -3.32% | 4.76% |
February 3, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $373,000K ÷ $17,132,000K
= 2.18%
In analyzing Kohls Corp's gross profit margin over the past five fiscal years, it is evident that the company has exhibited fluctuations in this key financial metric. The gross profit margin for the most recent fiscal year ending on February 3, 2024, stood at 2.18%, reflecting a positive trend compared to the previous year's performance.
However, the gross profit margin was negative at -0.45% in the fiscal year ending January 28, 2023, indicating that the company's cost of goods sold exceeded its revenue from sales during that period. The highest gross profit margin of 6.43% was recorded in the fiscal year ending January 29, 2022, signaling a significant improvement in the company's ability to generate profits from its core operations.
Conversely, in the fiscal years ending January 30, 2021, and February 1, 2020, Kohls Corp experienced negative gross profit margins of -3.32% and 4.76%, respectively. These fluctuations suggest potential challenges in managing costs, pricing strategies, or product mix during those periods.
Overall, a company's gross profit margin is a critical indicator of its operational efficiency and pricing strategy. Kohls Corp's varying gross profit margins imply the need for continuous monitoring and strategic adjustments to enhance profitability and sustainable growth in the competitive retail industry.
Peer comparison
Feb 3, 2024