Jim Cramer: It's a Mistake to Like Kohl's Right After Earnings

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Kohl's  (KSS) - Get Report posted earnings on Tuesday, Nov. 17. 

The company posted third-quarter revenue and adjusted earnings beat analysts' estimates and comparable-store sales missed expectations.

The company also said it planned to reinstate a dividend during the first half of 2021. A company statement didn't specify an amount or other details.

Revenue of $3.98 billion fell 14% from $4.63 billion.

Analysts surveyed by FactSet were calling for a GAAP loss of 41 cents a share, or an adjusted loss of 43 cents, on revenue of $3.88 billion. 

"Our third-quarter results exceeded our expectations, with significant sequential sales and profitability improvement," Chief Executive Michelle Gass said in a statement. 

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