Core Viewpoint - Kohl's Corporation (KSS.US) shares surged over 22% to $15.90 following an upward revision of its full-year performance expectations, indicating early success in the company's turnaround strategy [1] Financial Performance Summary - The company now expects a same-store sales decline of less than 5% for the year, an improvement from the previous estimate of a 6% decline [1] - Net sales are projected to decrease by 5% to 6%, which is better than the prior forecast of a 5% to 7% decline [1] - The full-year earnings per share (EPS) guidance has been raised to between $0.50 and $0.80, significantly higher than the previous range of $0.10 to $0.60 [1] Second Quarter Results - For the second quarter, net sales fell from $3.53 billion in the same period last year to $3.35 billion, but exceeded Wall Street's expectation of $3.32 billion [1] - Adjusted EPS for the quarter was reported at $0.56, far surpassing the market expectation of $0.29 [1] - Same-store sales declined by 4.2%, which was better than analysts' forecast of a 5% decline [1]