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0.00158823529411766 0.00196078431372545 -0.00114379084967321 -0.00277777777777781 0.00522875816993464 0.0106209150326797 0.00816993464052288 0.00816993464052288
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Kohl's strong holiday sales fuel big earnings beat [CNBC]

KOHL'S (KSS)  More Company Research Source: CNBC
Last kohl's earnings: 5/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: corporate.kohls.com/investors
PDF Kohl's on Thursday reported fourth-quarter earnings and revenue that beat analysts' expectations, fueled by strong sales growth and tighter controls over inventory. The company said it trimmed excess inventory by 7 percent in 2017, which boosted profit margins and created an overall cleaner shopping experience in stores. Kohl's shares rose 2.5 percent in premarket trading after initially popping more than 4 percent following the earnings announcement. Here's what the company reported compared with what analysts were expecting, based on a survey by Thomson Reuters: Earnings per share: $1.99, adjusted, vs. $1.77 estimated. Revenue: $6.78 billion vs. $6.74 billion. Same-store sales: growth of 6.3 percent vs. 5.7 percent. We improved our merchandise margins through strong inventory management and improved promotional and permanent markdowns, CEO Kevin Mansell said in a statement. All areas [of Kohl's] effectively managed their expenses. The compan [Read more]

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