Kohl’s reported earnings of $2.48, nicely above the $1.21 anticipated by analysts, and raised its gross sales and earnings forecast for the 12 months. “We delivered report second quarter earnings with gross sales and margins materially exceeding expectations,” mentioned CEO Michelle Gass. “As happy as we’re with our ongoing strategic progress, a lot of our alternative remains to be forward of us. We’re on the eve of launching a number of transformational partnerships that can drive sustainable progress for years to come back.”
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