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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (72722)	5/24/2023 7:59:55 AM
From: E_K_S	of 78742

RE: KSS +11.78% on earnings Kohl's Reports First Quarter Fiscal 2023 Financial Results Kohl’s Corporation (NYSE:KSS) today reported results for the first quarter ended April 29, 2023. Net sales decreased 3.3% and comparable sales decreased 4.3% Gross margin increased 67 basis points Diluted earnings per share of $0.13 Inventory declined 6% Affirms full year 2023 financial outlook Remains committed to strengthening balance sheet and to maintaining current dividend --------------------------------------------------- Other retailers also higher; M +3.9%, JWN +2.98%; AEO +6.93%

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