Kohl's Quarterly Profit Up 25%; New Brand Rollouts, Better Command of Inventory Helped Beat Estimate, Retailer Says

Summary


New brands and improved inventory management helped push Kohl's Corp.'s profit up by 25% in the company's fiscal first quarter, executives said Thursday.

"The more updated and contemporary brands performed exceptionally well," said Kevin Mansell, president of the Menomonee Falls department store retailer.

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Kohl's Quarterly Profit Up 25%; New Brand Rollouts, Better Command of Inventory Helped Beat Estimate, Retailer Says

One of the newest brands, Elle, a contemporary line for young women that launched this year in 300 stores, including Bayshore Town Center in Glendale, has been so well-receive...

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