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Kohl`s Corp. Q2 adjusted earnings Beat Estimates

Kohl`s Corp. (KSS) reported a profit for second quarter that decreased from last year.

The company's earnings came in at $47 million, or $0.30 per share. This compares with $241 million, or $1.51 per share, in last year's second quarter.

Excluding items, Kohl`s Corp. reported adjusted earnings of -$39 million or -$0.25 per share for the period.

Analysts had expected the company to earn -$0.83 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 23.0% to $3.21 billion from $4.17 billion last year.

Kohl`s Corp. earnings at a glance:

-Earnings (Q2): -$39 Mln. vs. $247 Mln. last year.
-EPS (Q2): -$0.25 vs. $1.55 last year.
-Analysts Estimate: -$0.83
-Revenue (Q2): $3.21 Bln vs. $4.17 Bln last year.

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