Department store retailers Kohl’s and Macy’s have reported their third-quarter results for the period ended 30 October. Kohl’s reported its net profit for the third quarter was flat at $194m (£120.3m), compared with $193m (£119.7m) a year ago. Net sales for the quarter were $4.2bn (£2.6bn), an increase of 4.1% for the quarter. Macy’s reported sales were up 6.6% to $5.62bn (£3.5bn) in the third quarter, from $5.27bn (£3.27bn) previously. Like-for-like sales were up 3.9%.
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