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STOCK MARKETS

Kohl's reaffirms annual targets

Kohl's reaffirms annual targets with quarterly sales in line. Shares up 10% premarket. New CEO drives changes.

John Smith
ByJohn Smith- Senior Editor
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Kohl's reaffirms annual targets
Photo: Prepared by Bond.az

Kohl's stuck to its annual targets after posting quarterly sales in line with estimates.

Shares rose about 10% in premarket trading.

CEO Michael Bender focuses on introducing fresh items like fruits and vegetables to keep customers engaged.

Kohl's is also reviving jewelry and accessories categories and expanding its Sephora partnership.

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