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Kohl’s updates FY14 earnings outlook

By Prachi Singh

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Kohl’s Corporation has reported fourth quarter comparable sales of 3.7 percent and updated its fiscal 2014 diluted earnings per share guidance to 4.20 dollars to 4.22 dollars.

“We are pleased with our fourth quarter sales as we saw our base business improve and our new strategic framework, the Greatness Agenda, take hold," said Kevin Mansell, Kohl's chairman, Chief Executive Officer and President.

The Company will release its detailed report on the fourth quarter and full year on February 26, 2015, along with additional details on the company’s performance and initial guidance for fiscal 2015.

Kohl's Corporation