Department store retailer Kohl's Corporation has posted a 45% jump in third-quarter profit, and raised its earning guidance for the year. 

For the three months ended 28 October, net income rose to $224.5m from $155.1m a year ago. Earnings per diluted share were up 51% to $0.68, from $0.45 in the same period last year.

Net sales for the quarter increased 16.6% to $3.6bn, while comparable store sales were up by 8.5%.

Larry Montgomery, Kohl's chairman and chief executive officer, said in a statement that growth was consistent "in all lines of business and all regions of the country."

For the nine month period, profit rose 34% to $624.1m or $1.85 per diluted share, compared to $467.0m or $1.35 per diluted share last year.

Nine-month net sales increased 15.6% to $10.1bn, and same-store sales were ahead by 6.9%.

The company said it opened 85 stores in fiscal 2006, and now operates 817 stores in 45 states.

Kohl's has now raised its full-year earnings guidance to $3.16 to $3.24 per diluted share for fiscal 2006, reflecting annual earnings growth of up to 33%.