Kohl's Corp. (KSS) - Get Report has a compelling story to tell.

That's according to Wedbush analyst Jen Redding. The department store chain reports earnings on Tuesday, Aug. 21, before the opening bell.

"We view Kohl's as a compelling story and see opportunity on the horizon for improvement in key categories including private label, active, women's, beauty, and inventory management. We also see Kohl's Rewards and Amazon pilots as potential catalysts," wrote Redding in a recent note.

According to FactSet, analysts are predicting earnings per share of $1.64, sales of $4.27 billion and same-store sales to rise 2.6% for Kohl's second quarter.

Kohl's paired up with Amazon.com Inc. (AMZN) - Get Report in October 2017 to accept the e-tailer's returns in a program called Amazon Returns. It began in 82 stores the Chicago and Los Angeles areas. Now it's expanding to 21 stores in Wisconsin, including Milwaukee.

The added foot traffic from Amazon customers has boosted sales at Kohl's and brought in new customers. In a recent analysis of the Amazon connection, spearheaded by Gordon Haskett, analyst Chuck Grom noted that stores with Amazon returns brought in a higher percentage of new customers and those customers stayed longer in the stores. Here's what other analysts had to say:

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Michael Binetti, Credit Suisse. Rating: neutral; price target: $74. "We believe underlying department-store trends improved in the second quarter, supported by 1) solid consumer backdrop (wages/sentiment); 2) favorable weather (pent-up demand after slow spring start; 3) favorable calendar shift benefits."

Erinn E. Murphy, Pipe Jaffray. "As we approach second-quarter earnings, we are updating our thoughts on KSS's near-term as well as on a growing longer-term concern we have relating to their comp and productivity drivers. The investment community is largely bullish on shares with the stock up 26% year to date. While we give KSS credit for trying a number of new initiatives to drive traffic and experiment with optimizing square footage, we are increasingly concerned on one element of their business: athletic. This is not a concern that athletic is rolling over, rather it's a concern that KSS already generates about 21% of sales in athletic and this drove more than 200% of last year's comp contribution. In the last four years, the non-athletic business has been comping firmly negative in aggregate."

Kohl's and Amazon are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AMZN or KSS? Learn more now.