Kohl’s Corp. (KSS) on Tuesday reported fiscal second-quarter profit of $292 million.
The Menomonee Falls, Wisconsin-based company said it had profit of $1.76 per share.
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The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.65 per share.
The department store operator posted revenue of $4.57 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $4.45 billion.
Kohl’s expects full-year earnings in the range of $5.15 to $5.55 per share.
Kohl’s shares have risen 45 percent since the beginning of the year, while the Standard & Poor’s 500 index has increased roughly 7 percent. The stock has more than doubled in the last 12 months.
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This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on KSS at https://www.zacks.com/ap/KSS
