Kohl’s misses 3Q revenue forecasts

MENOMONEE FALLS, Wis. (AP) — Kohl's Corp. (KSS) on Thursday reported net income of $142 million, or 70 cents per share, in its fiscal third quarter.

The company, based in Menomonee Falls, Wisconsin, posted revenue of $4.37 billion in the period, which did not meet Street forecasts. Analysts expected $4.42 billion, according to Zacks.

Kohl's shares have increased 2 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 10 percent. The stock has increased 0.5 percent in the last 12 months.

Stocks