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Kohl's Profit Up 21 Percent

November 12, 2009

Department store chain Kohl's (KSS) announced on Thursday that profits rose 21 percent, mainly due to sales of exclusive brands and tight inventory control. Profit for the three months ended October 31 came in at $193 million, or 63 cents per share, compared with $160 million, or 52 cents per share last year.