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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