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Kohl's reports Q2 net income flat

MENOMONEE FALLS, WI (WTAQ) - The Wisconsin-based Kohl's Department store chain reported a flat net income for its latest quarter, while earnings were slightly higher than projected.

The Menomonee Falls company reports a net income of $232 million for the second quarter of its fiscal year. That's $1 million more than a year ago.

Earnings for stockholders rose $1.04 a share to $1.13. That's six cents higher than what outside analysts projected.

Kohl's revenues were one percent lower than the previous year, topping out at almost $4.25 billion.

(Story courtesy of Wheeler News Service)