Department store chain Kohl's reaffirms annual targets
Department store chain Kohl's reaffirms annual targets May 28 (Reuters) - Kohl's KSS.N stuck to its annual targets after posting quarterly sales in line with estimates, as the department store chain's efforts to cut costs and introduce new collections across categories start to pay off.
The company said it continues to expect annual net sales to remain flat or decline up to 2%. It also sees annual earnings per share in the range of $1.00 to $1.60.
(Reporting by Sanskriti Shekhar in Bengaluru; Editing by Joyjeet Das)
Recent news on Kohls
See all newsPress Digest: Wall Street Journal - June 16
Brief: Kohl's Names Elliott Rodgers Chief Operating Officer
Brief: Kohls Submits Claims Seeking $140 Million Of Refunds Of Previously Paid IEEPA Tariffs
U.S. STOCKS ON THE MOVE-Grail, Kohl, Virgin Galactic
Kohl's up after Citigroup upgrades to "buy" on strong free cash flow