| March 2nd, 2021 11:07 AM
Kohl's reports mixed 4Q results but offers upbeat outlook
NEW YORK (AP) — Kohl's reported mixed results for its fiscal fourth quarter, delivering a 30% increase in profits but a 10% drop in sales.
Results handily beat Wall Street estimates. Online sales growth remained strong, up 22% for the latest quarter, and accounted for 42% of net sales.
The Menomonee Falls, Wisconsin,…