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Kohl’s Corp.
KSS investors were enjoying a meme-like stock rally in early trading Tuesday, after the discount-store chain surprised investors by reporting a profit and a big sales beat, as consumers continued to hunt for bargains.
The strong results come on a day after the retailer named Michael Bender as its official chief executive, following a more than six-month period as interim CEO. They also helped confirm that its turnaround efforts are taking hold.