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Kohl's raises 2021 adjusted profit outlook

May 20 (Reuters) - Kohl’s Corp raised its forecast for 2021 profit on Thursday, as it prepares for the upcoming shopping boom after a pandemic hit.

The mid-priced chain forecast its 2021 adjusted earnings to be between $3.80 and $4.20 per share, excluding certain charges, versus a prior range of $2.45 to $2.95. (Reporting by Praveen Paramasivam in Bengaluru; Editing by Sriraj Kalluvila)

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