Kohl’sThe fourth quarter fiscal sales report was released Tuesday. They were below the analysts’ expectations for key holiday quarter.

However, earnings exceeded expectations and shares traded down about 1% premarket.

Retailer Refinitiv shared a positive outlook for fiscal 2022 and called for sales to increase by 2% to 3.3%. Refinitiv reports that analysts were expecting year-over–year growth of 2.2%.

This is how Kohl’s performed in the fourth quarter, compared to what Wall Street expected.

• Earnings per share: $2.20 adjusted vs. $2.12 expected
• Revenue:$6.22 Billon vs. $6.54 Billon expected

Kohl’s shares were up nearly 12% over the past year, making it $7.7B in market cap as of Monday’s closing.

This is a developing story. Stay tuned for new updates.

Kohl’s earnings press release. here.