Kohl's key revenue metric rises, misses Street
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MENOMONEE FALLS, Wis. - Kohl's Corp. said that a key revenue figure climbed 10.2 percent in April, benefiting from strong sales of accessories, home and children's items. The results fell short of the 15.1 percent increase in revenue at stores open at least a year that analysts surveyed by Thomson Reuters expected. The retailer's stock dropped $1.35, or 2.5 percent, to $52 in premarket trading on Thursday. Revenue at stores open at least a year is a key gauge of a retailer's health because it excludes results from stores opened or closed during the year. Kohl's said its strongest
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