Kohl’s Corp. raised its full-year outlook for the second straight quarter, a sign that chief executive officer Michael Bender is helping to stabilise performance at the struggling retailer.

The retailer now sees net sales declining in a range of 3.5% to 4% for the full year- a smaller drop than the projection offered in late August. The company also lifted its comparable sales and adjusted diluted earnings per share guidance for the year.

The shares rose 24% at 7:26 a.m. in early trading in New York. The stock has advanced 12% so far this year through Monday’s close. This week, Bender was named as the company’s permanent CEO. Previously, he had been serving on an interim basis.

The outlook suggests that Kohl’s is moving past its recent turbulence, which culminated in the abrupt departu

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