Kohl's fourth-quarter earnings fell 17% as the department-store operator's margins were hurt by markdowns to clear out inventory. "From a strictly financial results perspective, 2012 was a disappointing year for the company," CEO Kevin Mansell said.
WSJ.com: What's News US, Wall Street Journal
Thu, 02/28/2013 - 8:10am
Kohl's fourth-quarter earnings fell 17% as the department-store operator's margins were hurt by markdowns to clear out inventory. "From a strictly financial results perspective, 2012 was a disappointing year for the company," CEO Kevin Mansell said.