Kohl's posts 2Q profit of $241M
MENOMONEE FALLS, Wis. — Kohl’s Corp. on Tuesday reported fiscal second-quarter profit of $241 million.
On a per-share basis, the Menomonee Falls, Wis.-based company said it had profit of $1.51. Earnings, adjusted for asset impairment costs, came to $1.55 per share.
The results exceeded Wall Street expectations.
Kohl’s expects full-year earnings in the range of $5.15 to $5.45 per share.