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FEB 06, 2014 - TheStreet

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January Sales Weigh on Kohl's Corporation (KSS) Guidance

NEW YORK (TheStreet) -- Kohl's Corporation , in its fourth-quarter update Thursday, said comparable-store sales for the January-ended quarter decreased 2%, though an increase of 0.8% over a combined November and December, the critically-important holiday shopping season for the retailer. For the time being, investors concerned with how the retailer would fare over this holiday season's cutthroat, aggressively-competitive environment have been reassured. At competitor Sears , for instance, its namesake stores suffered a 9.2% decrease in comparable-store sales through to Jan. ... Read More

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