UPDATE: Kohl's Reports Q1 Earnings of $211 million, Lifts Earnings Forecast

Kohl's Corp KSS released its first quarter results on Thursday. The retailer reported its quarterly earnings at $211 million, or $0.73 per share, versus $199 million, or $0.64 per share, in the year-earlier period. Its sales surged to $4.16 billion from $4.04 billion. However, analysts were expecting earnings of $0.73 per share on sales of $4.16 billion. For the year, Kohl's lifted its earnings forecast to a range of $4.25 to $4.40 per share, from its earlier forecast of $4.05 to $4.25 per share. KSS shares gained 1.28% to close at $53.61 yesterday. Read more from Benzinga's Company news.