Retail giant Kohl’s Corporation (NYSE:KSS) early Thursday posted better than expected third quarter earnings results and stood by its full-year oulook, sending its shares higher in premarket trading.
The Menomonee Falls, Wisconsin-based company reported Q3 adjusted profits of $0.80 per share, a full ten cents better than analysts’ expectations of $0.70. Revenue fell 2.3% from last year to $4.33 billion, matching Wall Street expectations.