India, Aug. 27 -- Department store chain Kohl's Corp. (KSS), while reporting higher second-quarter earnings above market estimates, on Wednesday raised fiscal 2025 earnings outlook. Meanwhile, the firm trimmed the higher end of its net sales and comparable sales forecast range after the second-quarter sales missed the Street estimates.
In the pre-market activity, Kohl's shares were climbing around 23 percent to trade at $16.00.
For the full year 2025, the company currently expects adjusted earnings per share in the range of $0.50 to $0.80, compared to previous estimate of $0.10 to $0.60.
The Wall Street analysts on average expect the company to report earnings of $0.63 per share. Analysts' estimates typically exclude special items.
Net ...