Kohl’s cuts full-year profit forecast

Kohl’s cuts full-year profit forecast

Retail heavyweights Kohl’s and Home Depot sent a shiver through Wall Street on Tuesday, lodging weak results and annual forecasts ahead of the crucial holiday shopping season. Kohl’s reported third-quarter profit fell to of $123 million in quarter ended Nov. 2, from $161 million in the year-ago period.

KCooper
KCooper
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