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Kohl’s outlook disappoints on inventory woes
By: MarketWatch
Posted on May 10, 2012 at 13:05 PM EDT
Kohl’s shares decline after retailer reports its first-quarter profit dropped 23% as it cut prices but didn’t have enough inventory in certain key categories to meet demand.
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Related Stocks:
J.C. Penney Co., Inc. Kohls Corp. Macys
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