Recently, Kohl' s, a well-known American home furnishing retailer, announced the company' s fourth quarter 2020 financial report. The company said that the company's performance in the last quarter was remarkable.

In terms of net profit per share, the company' s net profit per share in the fourth quarter was between US$1 and US$1.05-far exceeding the company's previous expectations. Compared with the previous quarter, the company's net profit per share was negative $0.08 per share.

The company' s CEO Michelle Gass said: “Our performance in all indicators in the fourth quarter exceeded our expectations. For us, the shopping season is an important driving force for the increase in performance.” This is also the third consecutive quarter of the company, which is in ascending channel.

Kohl' s, which is dominated by traditional offline stores, has also gained good data on its online market share. In the fourth quarter, the company's online revenue accounted for approximately 40% of total revenue, while in the previous quarter, this share was only 32%.

"An important indicator we have recently paid attention to-gross profit shows that the company' s cost control in the fourth quarter is more perfect, which further strengthens our financial stability, which will further enhance the company' s competitiveness in the future."

In the fall of 2021, Kohl' s, which focuses on home retailing, will reach a cooperation with Sephora, a well-known cosmetics company in the United States. The latter' s products will be stationed in the former in some stores across the United States. It is expected that this cooperation will further increase the company’s gross profit.