MENOMONEE FALLS, Wis. (AP) — MENOMONEE FALLS, Wis. (AP) — Kohl’s Corp. (KSS) on Wednesday reported fiscal first-quarter profit of $14 million.
On a per-share basis, the Menomonee Falls, Wisconsin-based company said it had profit of 13 cents.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 44 cents per share.
The department store operator posted revenue of $3.57 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $3.52 billion.
Kohl’s expects full-year earnings in the range of $2.10 to $2.70 per share.
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