Kohl’s Corp. and Nordstrom Inc. both reported lower second-quarter earnings that beat analysts’ expectations Thursday, but Kohl’s pushed second-half expectations upward while Nordstrom went in the opposite direction.
At Kohl’s, second-quarter earnings fell 12.3 percent to $236 million, or 77 cents a diluted share, from $269.2 million, or 83 cents, a year ago. Analysts were expecting the chain to earn 73 cents a share, according to Yahoo Finance.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)