(Adds details, share move)
Nov 9 (Reuters) - Department store operator Kohl's Corp reported a lower-than-expected quarterly profit, hurt by higher costs and store closures due to hurricanes, sending its shares down 7.5 percent.
Sales at stores open at least 12 months increased by a marginal 0.1 percent, compared with the 0.7 percent decline expected by analysts, according to Thomson Reuters I/B/E/S.
The company's net income, however, fell 20 percent to $117 million, or 70 cents per share, in the third quarter, clouding the first increase in comparable-store sales in seven quarters.
Sales in the middle of the quarter were soft due to disruptions from hurricanes and other unseasonal weather, Kohl's Chief executive Kevin Mansell said.
Cost of merchandise sold and selling and general expenses also increased.
Net sales were largely flat at $4.33 billion. Analysts on average had expected earnings of 72 cents per share on revenue of $4.30 billion. (Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Saumyadeb Chakrabarty)