Kohl’s Hikes FY Earnings Outlook on Q2 Results Crush Analyst Targets

Kohl’s Corp. sharply raised its EPS guidance for the year as net earnings in the second quarter surged 136 percent on an adjusted basis due to healthier margins. Sales guidance was also increased slightly, although same-store sales slipped 0.9 percent, marking its 18th consecutive quarter of declines. Earnings at $1.28 easily beating the Wall Street […]