Kohl's Corp. Q3 Profit Tops Estimates, Comps. Up 2.5%; Raises Guidance

Kohl's Corp. (KSS) reported third-quarter earnings per share, excluding loss on extinguishment of debt, of $0.98, an increase of 40% year-over-year. On average, 19 analysts polled by Thomson Reuters expected the company to report profit per share of $0.96 for the quarter. Analysts' estimates typically exclude special items. Reported net income was $161 million compared to $117 million, previous year. Gross margin was 37.0%, up 25 bps from prior year.

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