Kohl's Gross Q2 Margin 39.6%, Up 59 bps
Portfolio Pulse from Benzinga Newsdesk
Kohl's reported a gross margin of 39.6% for Q2, which is an increase of 59 basis points. This improvement in margin could indicate better cost management or pricing strategies.
August 28, 2024 | 11:05 am
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Kohl's reported a Q2 gross margin of 39.6%, an increase of 59 basis points. This suggests improved cost management or pricing strategies, which could positively impact the stock price.
The increase in gross margin indicates that Kohl's is managing its costs effectively or has improved its pricing strategy. This is a positive sign for investors as it suggests potential for increased profitability, which could lead to a rise in stock price.
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