USA: Kohl’s Profit Surges To $106 Million
Value-priced retailer Kohl's Corp on Thursday reported a 42 per cent leap in fiscal first quarter profits as solid sales of spring clothing boosted earnings. The Wisconsin-based retailer said net income jumped to$106.6 million, or 31 cents a diluted share, from $75.1m, or 22 cents a diluted share, in 2001.