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Kohl's Corp. (KSS) Is Sharply Lower After Q3 Report

Kohl's Corp. (KSS) reported third quarter EPS of $0.98 Tuesday morning, which topped the consensus estimate of $0.96.

The company raised its full year 2018 adjusted EPS forecast to between $5.35 and $5.55, from prior guidance of $5.15 to $5.55. Street expectations are for EPS of $5.51.

Kohl's gapped open sharply lower this morning and is now down 7.44 at $63.59. The stock has dropped to nearly a 6-month low.

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