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Kohl's Corp. (KSS) reported a profit for its fourth quarter that increased from last year.


RTTNews | Mar 2, 2021 07:06AM EST

07:05 Tuesday, March 2, 2021 (RTTNews.com) - Kohl's Corp. (KSS) reported a profit for its fourth quarter that increased from last year.

The company's profit came in at $343 million, or $2.20 per share. This compares with $265 million, or $1.72 per share, in last year's fourth quarter.

Excluding items, Kohl's Corp. reported adjusted earnings of $346 million or $2.22 per share for the period.

Analysts had expected the company to earn $1.01 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 10.1% to $5.88 billion from $6.54 billion last year.

Kohl's Corp. earnings at a glance:

-Earnings (Q4): $346 Mln. vs. $308 Mln. last year.-EPS (Q4): $2.22 vs. $1.99 last year.-Analysts Estimate: $1.01-Revenue (Q4): $5.88 Bln vs. $6.54 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3174170/kohl-s-corp-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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