By  on May 16, 2013

Kohl’s Corp.’s earnings fell, but were better than projected in the first quarter. Net income fell 4.5 percent to $147 million, or 66 cents a share, from $154 million, or 63 cents, a year earlier.

Earnings per share came in 8 cents ahead of the 58 cents analysts projected. The company had guided investors toward earnings of 55 cents to 63 cents a share. The stronger-than-projected bottom line helped push the company’s stock up 7.3 percent $53.30 in pre-market trading on Wall Street.

RELATED STORY: Kohl's Shareholders Vote for Independent Chairman >>

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus