Earnings

Kohl’s (KSS) Q3 2021 earnings

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Customers leave a Kohl’s store on November 12, 2015 in San Rafael, California.

Justin Sullivan | Getty Images News | Getty Images

Kohl’s on Thursday said sales rose 16% in the fiscal third quarter, as shoppers turned to its stores and website for clothes and makeup.

The department store raised its forecast for the year, following its better-than-expected performance.

Shares rose more than 8% in premarket trading.

Kohl’s is one of the retailers that was hit hard by the pandemic, as Americans spent time at home and had few reasons to refresh their wardrobe or buy new shoes. As consumers get out and about again, it is trying to draw them in with a wider assortment of clothing, including…



Source cnbc.com

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