Kohl's Corp. (KSS) said its second-quarter net sales and earnings exceeded expectations. Based on the results, the company increased its full year 2021 guidance, which positions it to achieve many of the 2023 strategic goals in the current year, well ahead of plan.
While reporting strong second-quarter results, Macy's, Inc. (M) increased its full-year and back-half guidance on both the top and bottom lines. Macy's board has authorized a $500 million share repurchase program. The company also reinstated its regular quarterly dividend.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.