Department store operator Kohl's Corp forecast full-year revenue above analysts' expectations and reported higher-than-expected quarterly profit and sales, helped by demand for apparel and accessories in the holiday shopping season. Shares of Kohl's, which also said it would buy back $1 billion of shares this fiscal year, rose 3 percent to an over seven-year high of $72.98 on Thursday. Kohl's ...
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On a per-share basis, the Plymouth, Minnesota-based company said it had net income of 3 cents. The results fell short of Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment ...
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The Plymouth, Minnesota-based company said it had profit of 3 cents per share. The results fell short of Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research ...
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Positive economic signals point to a stronger holiday shopping season as the International Council of Shopping Centers forecasts a 4.0% increase in sales during the November-December holiday shopping period, the strongest gain in three years.
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