Kohl’s reported second-quarter earnings, beating analyst expectations and causing a 24% stock price increase. However, caution is advised as the company is still struggling with weak revenue and earnings. The search for a new permanent CEO is ongoing, and customer engagement remains low compared to competitors like Dollar General.

Despite the positive earnings report, Kohl’s revenue was down 5.1% and same-store sales fell 4.2%. While the company improved its gross margin and cut costs, it still has a long way to go in terms of turning its business around and attracting more customers to its stores.

Investors should be cautious about buying Kohl’s stock, as uncertainty looms due to the lack of a permanent CEO and ongoing business challenges. The company has made progress, but it is not yet on solid footing for a full recovery. The Motley Fool’s Stock Advisor team did not include Kohl’s in their list of top 10 stocks for investors to buy now.

Read more at Yahoo Finance: Kohl’s Crushed Earnings Expectations, but Should You Buy the Stock Now?