Can you buy stocks with Kohl's Cash?

Department store chain Kohl's (KSS - Get Report) reported net income of $247 million, or $1.55 a share on revenues of $4.43 billion on Tuesday. Comparable same-store sales dropped 2.9% versus. a gain of 3.1% in the same period last year.

While the report was far from pristine, it beat Wall Street's expectations, leaving the stock up more than four percent in early trading. "We are confident that our upcoming brand launches, program expansions, and increased traffic from the Amazon returns program will incrementally contribute to our performance during the balance of the year and beyond," CEO Michelle Gass said in a statement.

Is this the turnaround moment Real Money Stock of the Day Kohl's has been looking for or is the report simply better than feared?

Catch Jim Cramer's take in the clip above from TheStreet's daily Cramer Live Show.

MORE FROM CRAMER TODAY

Full Replay: Time to Shop? Jim Cramer Weighs in on Kohl's Earnings and the Market

Jim Cramer: Wait to Buy TJX Companies

Premium Pick: Some Stocks Get Packaged as Losers, but Smart Investors Know They'll Take Off

Top Story: Recession Watch? Why the Market May Be in the 8th Inning of the Business Cycle

Jim Cramer: You Can Buy Some FAANG Stocks Here, But Don't 'Load Up' on Them, Jim Cramer Says

Fantasy Football: Jim Cramer Reveals Who's on His Fantasy Football Radar

Gold: Here's What's Next In the Gold Bull Rally Landscape - Expert

Trivia: This Landmark Building is Just Blocks From Wall Street: Can You Name It?

TheStreet Explains: The Benefits of Using a Credit Card

Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud

Catch Up: Today's Top News Videos Below