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Fly News Breaks for June 15, 2016
KSS
Jun 15, 2016 | 09:41 EDT
Cleveland Research said Kohl's sales appear to have improved over the past 3 weeks but is modeling comps slightly below consensus for the quarter but could see trends potentially improving enough to hit consensus. The firm remains cautious on the sales outlook for the balance of 2016 due to continued conservative forward order activity for the back-half of the year. Cleveland rates Kohl's a Neutral.
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