Kohl’s Corporation (NYSE: KSS) reported first-quarter 2021 financial results before the regular market hours on Thursday. The department store reported Q1 revenue of $3.89 billion, up 60% year-over-year and above the Wall Street projection. Net income of $1.05 per share was also higher than the target that analysts had anticipated.
KSS shares rose over 1% immediately following the announcement. The stock has risen 54% since the beginning of this year.
Shares of FedEx Corporation (NYSE: FDX) were up 1% on Tuesday. The stock has dropped 44% year-to-date and 34% over the past 12 months. The company delivered mixed results for
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After a prolonged slowdown, the restaurant industry is returning to normal patterns but macroeconomic uncertainties and high inflation are currently playing spoilsport for it. While the pandemic-related slump forced many