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Department store chain Kohl’s Corp reported a better-than-expected quarterly profit as costs fell, sending its shares up 3.4 percent in premarket trading. The company said selling, general and administrative costs fell about 2 percent to $981 million in the second quarter. Penney Co Inc and Nordstrom Inc, said net sales fell 1.1 percent to $4.24 billion. Bigger rival Wal-Mart Stores Inc on Thursday cut its full-year profit forecast, citing higher employee healthcare costs and increased investment in its online business.

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