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Kohl's Corporation (NYSE:KSS) rose 1.50% to $55.35 after it said its third-quarter net income rose 20% to $193 million, or 63 cents a share, from $160 million, or 52 cents a share in the year-ago period. Sales increased by 6.5% to $4.1 billion. Wall Street analysts expected the retailer to earn 58 cents a share. Kohl's expects fourth-quarter earnings of $1.14 to $1.24 a share, compared to the Wall Street target of $1.23 a share.
Kohl’s Corporation (Kohl’s) operates family-oriented department stores that sell moderately-priced apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows, and housewares.
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