0958 ET - Kohl's CEO Michael Bender says the company continues to operate in an uncertain macroeconomic environment. "Customers are becoming increasingly choiceful as their discretionary income remains pressured," he says on a call with analysts. "This is especially notable in our low-to middle income consumers, as well as in our younger customers." These cohorts, he continues, are becoming increasingly savvy and are seeking more value. "We expect this customer behavior to continue into the fourth quarter," Bender says. Kohl's surges 32% after raising its outlook for the year. (connor.hart@wsj.com)

(END) Dow Jones Newswires

November 25, 2025 09:58 ET (14:58 GMT)

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