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3 Stocks to Buy After Kohl's Blowout Sales Report [The Motley Fool]

KOHL'S (KSS)  More Company Research Source: The Motley Fool
Last kohl's earnings: 11/9 07:00 am Check Earnings Report
PDF Kohl's stock could have a lot of room to run after the company posted a stellar 6.9% comp-sales gain during the holiday season. Kohl's strong sales trajectory also bodes well for two of its retail peers. Last Monday, department-store giant Kohl's ( NYSE:KSS ) reported stellar sales results for the November-December holiday period. Comparable (comp) sales surged 6.9% year over year  compared to a 1% decline in the first nine months of the fiscal year. Based on this strong performance, Kohl's boosted its full-year earnings per share (EPS) guidance range significantly. The company now expects to post adjusted EPS of $3.98-$4.08, up from its previous forecast of $3.60-$3.80. As a result, Kohl's stock has soared to a new 52-week high. Kohl's Stock Performance, data by YCharts . While Kohl's stock has risen by more than 70% since bottoming out in June, it could still have plenty of additional upside. Furthermore, Kohl's big acceleration in sales suggests that off [Read more]

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