07:54 pm
23 February 2025

Kohl’s Sees Profit

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Kohl’s Sees Profit

Kohl’s is reporting a profit from the first fiscal quarter. 

Today’s report says Kohl’s had a net income of 14-million dollars in the first quarter, compared to 14-million dollars in profit all last year.  Net sales decreased, but CEO Tom Kingsbury says the company reduced inventory and delivered margin expansion.  Kohl’s stock price jumped over 12-and-a-half percent in pre-market trading after the report was released.

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