Kohl's (KSS) Sept Comps Up 5.5%; Guides Q3 Higher

Kohl's Corporation (NYSE: KSS) September comparable store sales increased 5.5%. The company is also raising our third quarter earnings per share guidance from $0.40 to $0.44 per diluted share to $0.52 to $0.54 per diluted share. The Wall Street consensus is $0.49.

CEO Kevin Mansell said "All regions and all lines of business reported comparable store sales increases in September. The Southwest region and the Accessories business were once again the strongest performers with double-digit comparable store sales increases."

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