Badger Blog Alliance

Sic Semper Tyrannis

Friday, November 10, 2006

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.

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.