Kohl's raises guidance after reporting third quarter earnings
Kohl's Corp. saw its fifth consecutive quarter of growth, according to an earnings report issued Tuesday morning.
Menomonee Falls-based Kohl's (NYSE: KSS) reported a 2.5 percent increase in comparable sales for this year's third fiscal quarter, which ended Nov. 3. The retailer reported $161 million in net income, or 98 cents diluted earnings per share.
That's a 38 percent increase from the department store chain's $117 million in net income for the same period last year, and a 40...