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Kohl’s Exceeds Expectations Amid Inventory Improvements

**Kohl’s Reports Strong Q4 Performance, Surpassing Analyst Estimates**. Kohl’s Corporation, an American department store chain, has reported impressive financial results for the fourth quarter and full fiscal year ended January 28, 2023, outperforming analysts’ expectations. The company attributed its success…

Macy’s Earnings Top Forecasts as Promotions Lure Shoppers

Macy’s Inc reported a better-than-expected quarterly profit on Wednesday as the department store chain attracted more shoppers to its stores with heavy promotions, resulting in a smaller-than-feared decline in same-store sales.. The company’s shares rose 5% in premarket trading.. Comparable…