Kohl's Swings To Profit In Q1; Results Top Estimates WASHINGTON (dpa-AFX) - Department store chain Kohl's Corp. (KSS) on Thursday reported a profit for the first quarter compared to a steep loss last year, boosted by improved margins, lower expenses and higher revenues. Adjusted earnings per share and quarterly revenues came in well above analysts' expectations. The company also raised its earnings and net sales growth guidance for the full-year 2021,based on the first quarter results. 'We are very pleased with our strong start to 2021 with both sales and earnings materially exceeding expectations. Along with a favorable consumer spending backdrop, we continue to see our key strategic initiatives gain traction and resonate with customers,' said Michelle Gass, Kohl's chief executive officer.