Tag: $Kohl’s

Kohl’s beats profit estimates on cost cuts, leaner inventory

 Kohl’s Corp beat estimates for quarterly profit on Wednesday, as leaner inventories, lower costs and fewer discounts helped the department store chain counter a broader retail slowdown.

Kohl’s shares spike as retailer reports a surprise profit

Kohl’s shares spiked early Wednesday as the struggling retailer posted a surprise profit while it chases a turnaround.