Thursday, May 12, 2016

Kohl's Corp. Q1 Profit Falls, Results Miss View; Stock Down

Kohl's Corp. (KSS) reported a profit for the first-quarter 2016 that dropped 87 percent from the prior year, while sales declined 3.7 percent. Quarterly Comparable store sales decreased 3.9 percent. Both earnings per share and sales for the quarter missed analysts' expectations.

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