Retail News

Kohl’s reports same-store loss, better than expected earnings

MarketWatch 02/04/2021

Kohl’s announced preliminary numbers that show its same-store sales fell 11 percent in the fourth quarter but that earnings were between $1 and $1.50 a share, better than the Wall Street consensus of 70 cents. CEO Michelle Gass said that sales at the chain strengthened as it moved deeper into the holiday selling season.

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