March 5, 2019 / 12:07 PM / 17 days ago

Kohl's beats same-store sales estimates

March 5 (Reuters) - Department store chain Kohl's Corp beat Wall Street forecasts for fourth-quarter same-store sales on Tuesday, as attractive promotions and new merchandise helped draw more shoppers during the holiday season.

Sales at Kohl's locations open for at least a year rose 1 percent, better than the 0.3 percent growth analysts on average had estimated, according to IBES data from Refinitiv. (Reporting by Nivedita Balu in Bengaluru; Editing by Sai Sachin Ravikumar)

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