Kohl’s quarterly profit beat lifts shares even as sales dip

Kohl’s shares, which are down 27% so far this year, underperforming the S&P 500 index, were up nearly 6% in premarket trade. Kohl’s has been investing in several new partnerships to woo more shoppers. Last month, it expanded a returns program it launched with Amazon in 2017, through which items bought on the e-commerce website could be returned at Kohl’s stores, generating additional sales for the retailer.

source https://finance.yahoo.com/news/kohls-quarterly-profit-beat-lifts-111517391.html?.tsrc=rss

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