offline
Kohl's Stock Surges as Fourth Quarter Results Crush Expectations
CEO Michelle Gass said that the strong holiday season was a major driver of the earnings beat.
The bump in share price for the Wisconsin-based retailer comes after reporting that earnings per share for the three months ended February 2 came in at $2.24, $0.06 ahead of the Street consensus forecast, and revenue bested the analyst forecast by about $140 million.
....
Adding to that, the company reported that it will repurchase between $400 million and $500 million in company stock, adding to shareholder protection provided by the nearly a 10% dividend raise approved by the company's Board on February 27.
...
https://realmoney.thestreet.com/investin...yptr=yahoo
![[Bild: KSSc1dl1448.png]](https://finviz.com/publish/030519/KSSc1dl1448.png)
CEO Michelle Gass said that the strong holiday season was a major driver of the earnings beat.
The bump in share price for the Wisconsin-based retailer comes after reporting that earnings per share for the three months ended February 2 came in at $2.24, $0.06 ahead of the Street consensus forecast, and revenue bested the analyst forecast by about $140 million.
....
Adding to that, the company reported that it will repurchase between $400 million and $500 million in company stock, adding to shareholder protection provided by the nearly a 10% dividend raise approved by the company's Board on February 27.
...
https://realmoney.thestreet.com/investin...yptr=yahoo
__________________
