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Hit by Tariffs and Discounting, Kohl's Cuts Profit Margin Forecast

With the cost of more aggressive promotions and a potential hit from new tariffs on Chinese imports, the department store chain has forecast a steeper decline in full-year profit margin despite better-than-expected quarterly earnings.
Kohl's department store exterior in Minneapolis, United States
Kohl's department store exterior in Minneapolis, United States | Source: Shutterstock (Shutterstock)
By
  • Reuters

MENOMONEE FALLS, United States —

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