Kohl's stock surged after the retailer beat expectations and posted its best sales performance in four years
Kohl's stock surged after the retailer beat expectations and posted its best sales performance in four years
The department store chain lost 13 cents per share in its fiscal first quarter, beating analyst expectations of a 19-cent loss
Alisha Jucevic/Bloomberg
Shares of Kohl's $KSS jumped more than 15% in premarket trading Thursday after the company disclosed comparable sales results that were the strongest in over four years.
For the quarter that closed May 2, the company recorded a net loss of $14 million, equivalent to 13 cents per diluted share. A year earlier, the loss was nearly identical at $15 million, also 13 cents per diluted........
