Kohl's surges on lifting annual profit target

Kohls

27/08/2025 12:31

** Shares of U.S. department store chain Kohl's KSS.N up 18% at $15.41 premarket

** Co raises annual profit target as U.S. department store chain's turnaround efforts help rein in costs

** Expects 2025 adjusted EPS of $0.50-$0.80, compared with its earlier target of $0.10-$0.60

** Reports Q2 comparable sales decline of 4.2% vs. 5.1% drop last year

** Up to last close, stock down nearly 7% YTD

 (Reporting by Sanskriti Shekhar)

 ((Sanskriti.Shekhar@thomsonreuters.com;))