Kohl's fourth quarter net sales reached $4.97 billion, down 3.9% year-over-year, versus market expectations of $5.05 billion. Fourth quarter gross margin was 33.1%, compared to 32.9% in the prior year period.

Kohl’s fourth quarter net sales were $4.97 billion, down 3.9% year-over-year, compared to market estimates of $5.05 billion. The gross profit margin for the quarter was 33.1%, up from 32.9% in the same period last year. Earnings per share for the quarter were $1.07, compared to $0.43 last year, versus market estimates of $0.91. Operating profit for the quarter was $212 million, a 68% increase year-over-year. Kohl’s stock fell over 7% in pre-market trading.

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