Department store chain Kohl’s Corporation (NYSE:KSS) posted third-quarter financial results this morning. Sales for the quarter came in at $4,444 million versus sales of $4,490 million for the same quarter in 2012. Net income for the quarter was $177 million compared to $215 million for Q3 of 2012. Diluted earnings per share dipped 11 percent from $0.91 in last year’s quarter to $0.81 this year. Kohl’s also updated its annual earnings per share guidance from $4.15 – $4.35, to $4.08 to $4.23. On November 13 the Board of Directors affirmed a quarterly cash dividend on the company’s common stock of $0.35 per share. The dividend is payable December 24, 2013 to shareholders of record at the close of business on December 11, 2013.

Kevin Mansell, Kohl’s chairman, president and chief executive officer, said, “As we enter the Holiday season, we believe we are well-positioned from a merchandise content and inventory perspective to gain market share. We have increased our marketing spending and improved its impact and reach in order to drive higher traffic to our stores and on-line. Our customer will find the perfect gift for everyone on her shopping list at Kohl’s and will be excited by the value she receives in both our only-at-Kohl’s and national brands.”

Professional sports team platform, Manchester United PLC (NYSE:MANU) released solid earnings today which saw total revenues up by 29.1 percent for its first-quarter. The company had record Q1 revenue of £98.5 million with commercial revenue increasing by 39.3 percent. The company said sponsorship revenue jumped by a hefty 62.6 percent. Retail, merchandising apparel and product licensing revenue climbed by 13.8 percent. Manchester United is unarguably one of the most popular and successful sports teams globally and has successfully capitalized on its trendiness.

Ed Woodward, Executive Vice Chairman commented, “We are pleased to have achieved another record first quarter, driven by the strength of our commercial business and increased broadcasting revenues. Our unique approach to the commercial business will continue to drive future growth. We are also excited by the continuing rise in the value of sports content, evidenced, amongst other things, by the recently announced BT deal for the UK rights to broadcast the Champions League and Europa League matches for three seasons from 2015/16. This deal represents a meaningful increase over the current arrangement, which should translate into higher broadcasting revenues for the participating clubs.”

Walmart Stores, Inc. (NYSE:WMT) managed to beat analysts’ expectations by a penny, but failed to post the earnings that many on the Street wanted to see. Largely driven by its Sam’s Club subsidiary, WMT reported $115.69 billion in revenue, up $1.76 billion year-to-year, but sorely missed expectations of $116.84 billion. The retail giant saw earnings per share of $1.14 for the third-quarter. As a result, the company cut its 2013 guidance to a range of $5.11 to $5.21 a share from its previous estimate of $5.10 to $5.30 a share.

Walmart delivered solid earnings growth that was within our guidance range. We had strong operating income across our segments, with Walmart U.S. growing almost 6 percent, Sam’s Club increasing more than 9 percent, and International up 8 percent on a constant currency basis,” said Mike Duke, Wal-Mart Stores, Inc. President and Chief Executive Officer.

Disclosure: Author represents that she has no position in any stocks mentioned in this article at the time this article was submitted.