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Kohl’s Surpasses Expectations as Inventory Levels Improve

Department store chain Kohl’s Corporation has reported better-than-expected financial results for the fourth quarter of fiscal 2022, primarily driven by improved inventory levels.. **Key Financial Highlights:**. * **Net sales:** $4.2 billion, a 0.1% increase year-over-year. * **Comparable sales:** Increased by…

Zalando Suffers Second-Quarter Slump as Inflation Bites

**Key Highlights:**. – **Revenue:** €2.64 billion, a 4.6% increase year-over-year but below the €2.73 billion analyst consensus.. – **Gross Merchandise Value (GMV):** €3.5 billion, up 4.3% year-over-year.. – **Net Income:** €17 million, a significant drop from €194 million in the…