Kohl’s (NYSE:KSS) reported quarterly earnings of $1.65 per share which beat the analyst consensus estimate of $0.64 by 157.81 percent. This is a 16400 percent increase over earnings of $0.01 per share from the same period last year. The company reported quarterly sales of $4.60 billion which beat the analyst consensus estimate of $4.27 billion by 7.73 percent. This is a 15.61 percent increase over sales of $3.98 billion the same period last year.
Amazon Needs to Invest Billions In Warehouse System To Keep Up With Demand: Reuters
What happened: A new report indicates Amazon.com Inc. (NASDAQ: AMZN) needs to invest billions of dollars into the expansion of its warehouse and delivery system to keep up with consumer demand.
