Kohl's Corporation (NYSE:KSS) Surges on Surprise Profit and Sales Beat

Kohl's stock climbed 43% to $22.42, its highest level since July, following a surprise profit and sales figures that exceeded expectations.The company reported an adjusted profit of $0.10 per share and revenue of $3.58 billion, surpassing Wall Street forecasts.Improvements included a gross margin of 39.6%, a 5% reduction in inventory levels, and a significant increase in cash flow to $124 million.Kohl's Corporation (NYSE:KSS) is a well-known American department store retail chain. It offers a wide range of ...