Isn't food more important than gas?
And if so, won't Governor Doyle openly criticize these extravagantly grotesque profit margins?
Kohl's Corp. (KSS) raised its full-year earnings forecast Thursday after reporting a 45% increase in net income for the third quarter.
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Strong sales at Kohl's Department Stores across all regions of the country drove the results, the company said. The earnings were 4 cents ahead of the 64-cent-a-share consensus estimate from analysts.
For the quarter ended Oct. 28, the Menomonee Falls-based chain reported net income of $224.5 million, or 68 cents a share, up from $155.1 million, or 45 cents a share for the same quarter a year ago.
Net sales for the quarter increased 16%, from $3.1 billion a year ago to $3.6 billion.
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