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Kohl's lifts outlook after second-quarter earnings beat

By Josh White

Date: Wednesday 28 Aug 2024

(Sharecast News) - Kohl's raised its annual profit forecast on Wednesday, after surpassing expectations for second-quarter earnings, driven by stringent cost management and reduced inventory levels.
The US department store retailer's shares rose in premarket trading, although they remained down more than 31% for the year.

For the second quarter,...

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