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Connor Hartand
Suzanne KapnerShareResizeListen
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Kohl’s raised its full-year outlook. Scott Olson/Getty ImagesKohl’s KSS 35.73%increase; green up pointing triangle shares surged 35% Tuesday after the retailer raised its full-year outlook and posted a surprise quarterly profit, saying its turnaround is gaining momentum.
The earnings report came a day after Kohl’s officially named Michael Bender as its chief executive. Bender had served as the retailer’s interim CEO since May, after its then-chief, Ashley Buchanan, was fired for violating the company’s ethics code.
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