Kohls Profits Rise

NEW YORK– Kohl’s Corp.KSS +2.54% said Thursday its third-quarter earnings rose to $211 million, or 80 cents a share, from $176 million, or 57 cents a share, in the year-ago period. Revenue at the Menomonee Falls, Wis., retailer for the three months ended Sept. 30 increased 4% to $4.4 billion. Wall Street analysts expected Kohl’s to earn 79 cents a share on revenue of $4.38 billion, according to a survey by FactSet Research. Looking ahead, Kohl’s said it expects fourth-quarter earnings of $1.93 to $2.04 a share, compared to the analyst expectation of $1.96 a share. Kohl’s expects 2011 earnings of $4.41 to $4.52 a share, compared to the Wall Street target of $4.46 a share.

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