Kohl’s Corp. reported a 4.2 percent decline in June comparable store sales Thursday morning. The company now expects to report second-quarter EPS at the low end of its prior forecast of $0.96 to $1.02. The consensus estimate is for EPS of $0.95.

Kohl’s gapped open higher Thursday and climbed steadily during the first 2 hours of trade. The stock finished up by 2.77 at $47.03 on above average volume. Kohl’s broke out to over a one-month high and re-crossed its 50-day moving average.