UPDATE: Kohl's Q2 Net Profit Drops 4%

Kohl's (NYSE: KSS ) reported a 4% drop in its second-quarter profit. Kohl's quarterly profit declined to $231 million, from $240 million, in the year-ago period. Its per-share earnings climbed to $1.04 from $1.00. Its sales increased 2% to $4.29 billion from $4.21 billion. However, analysts were estimating earnings