Kohl’s raises full-year net sales forecast -Breaking
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© Reuters. FILE PHOTO A Kohl’s departmental store can be seen in Austin Texas (USA), January 5, 2017. REUTERS/Mohammad Khursheed/File photo(Reuters) – Kohl’s Corp (NYSE 🙂 increased its full-year net revenue forecast Thursday. The department store chain like Macy’s Inc. (NYSE 🙂 benefited from Americans going out shopping more after the lifting of the pandemic restrictions.
It said that 2021 net sales would rise in the middle-twenties percentage, as opposed to a prior forecast of a decrease of only 1%.
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