Kohl’s Corp. came roaring back in the second quarter, with better-than-expected earnings and sales and raised its outlook for the year.
Earlier this month, the department store retailer celebrated the opening of the first round of branded Sephora shops at Kohl’s. Michelle Gass, CEO of Kohl’s, teased that the company will be debuting more partnerships in the future.
“We delivered record second quarter earnings with sales and margins materially exceeding expectations,” said Michelle Gass, Kohl’s CEO. “As pleased as we are with our ongoing strategic progress, much of our opportunity is still ahead of us. We are on the eve of launching several transformational partnerships that will drive sustainable growth for years to come.”
Source: Chain Storeage