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Kohl's Stock Is a Great Buy After Earnings

TheMotleyFool

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Kohl's Stock Is a Great Buy After Earnings

Kohl's (NYSE: KSS) served up another big earnings beat on Thursday. While the company has lagged many of its peers on revenue growth this year, it continued a streak of impressive margin expansion.

Investors initially rewarded the company for its strong third-quarter margin performance, sending Kohl's stock up more than 10% on Thursday. However, the shares subsequently fell 9% on Friday, forfeiting nearly all of those gains. That makes Kohl's stock an absolute steal for long-term investors.