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The truth about how much Delta is hurting the US economy

The truth about how much Delta is hurting the US economy
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Kohl's sales topped 2019 in March and April but retailer cautious in raising outlook


Kohl’s sales topped 2019 in March and April but retailer cautious in raising outlook
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Menomonee Falls-based retailer
Kohl’s Corp. reported a nearly 70% increase in net sales for the first quarter and raised its guidance for top and bottom line improvements for the full year.
But even with a quarter that exceeded expectations, executives said the company still wanted to be cautious in raising the outlook for the remainder of the year.
“We feel really good about the customer being ready to spend,” Michelle Gass, chief executive officer of Kohl’s, told analysts on Thursday. “Candidly, the reason we guided as we did is there’s just still uncertainty out there.” ....

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