Key Takeaways Kohl's beat profit estimates for the second quarter, despite lower sales, as the discount department store operator cut costs. Kohl's warned about a challenging consumer environment but raised its full-year outlook for earnings per share. Kohl's shares edged higher Wednesday, but they've lost nearly a third of their value this year. Kohl's (KSS) shares rose Wednesday as cost reduction helped the retailer beat profit forecasts despite a drop in sales. Kohl's reported second-quarter earnings per ...