Department store chain Kohl's lifts annual profit forecast
26/08/2026 12:03
Department store chain Kohl's lifts annual profit forecast Aug 26 (Reuters) - Kohl's KSS.N raised its annual profit forecast on Wednesday, as the U.S. department-store chain benefits from its turnaround efforts to tighten inventory management and boost demand for its high-end apparel and beauty offerings.
The company now expects fiscal 2026 adjusted earnings per share between $1.80 and $2.40, compared with its prior range of $1.00 and $1.60.
(Reporting by Anuja Bharat Mistry and Shania S Thomas in Bengaluru; Editing by Shinjini Ganguli)
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