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Thursday, November 05, 2009
Kohl's Same-store Sales Rise
By Sam Mamudi
MarketWatch Pulse
NEW YORK -- Kohl's Corp. said Thursday that its October sales at stores open at least one year rose 1.4%. Analysts, on average, had expected same-store sales to rise 6.2%, according to Thomson Reuters. Total sales for the four weeks ended Oct. 31 rose 4.9% to $1.27 billion. Kohl's raised its third-quarter guidance to 60 cents to 61 cents a share, from 52 cents to 54 cents share.
Copyright © 2009 MarketWatch, Inc.
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