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Here's Why Kohl's Stock Popped Today

Here's Why Kohl's Stock Popped Today

Shares of retailer Kohl's (NYSE: KSS) popped on Wednesday after the company reported its latest quarterly results. For the fiscal first quarter of 2023, which ended in April, Kohl's had net sales of $3.4 billion, a 3.3% year-over-year drop. First-quarter results appear to be what Kohl's management expected.