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Kohl, Buchanan and Michaels
Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan
Kingsbury will remain with Kohl’s in an advisory role to Buchanan and stay on the board until he retires in May.
Ashley Buchanan named the next CEO of Kohl's; Tom Kingsbury to step down
Tom Kingsbury will step down as top boss of Kohl’s Corporation (NYSE:KSS) effective January 15, 2025, the company said in a statement Monday. He will be replaced by Ashley Buchanan as CEO. Buchanan has been the chief executive of Michaels Companies since 2020 and,
Kohl’s CEO will step down. He’ll be replaced by the head of Michaels
Kohl’s announced its CEO Tom Kingsbury will step down on January 15, 2025, and will be replaced by the CEO of arts and crafts retailer Michaels.
Kohl's Stock Spirals on Earnings Miss, CEO Switch: What to Know
Kohl's stock is sinking Tuesday after the retailer missed Q3 earnings expectations, slashed its full-year outlook and announced a C-suite shakeup.
Tom Kingsbury steps down early as Kohl's CEO
He replaces Tom Kingsbury, whose initial contract to lead the department store chain was set to expire in early 2025.
Change in Command: Kohl’s Names Ashley Buchanan CEO to Succeed Tom Kingsbury
Buchanan joins Kohl's from Michaels Companies, where he is credited with improving profitability and the cash flow.
Kohl's Stock Tumbles After Weak Results, CEO Departure News
KEY TAKEAWAYS Kohl's stock is plummeting 17% in premarket trading after it reported weaker-than-expected third-quarter earnings Tuesday, the day after it announced that CEO Tom Kingsbury would stepping down after less than two years running the struggling retailer.
1h
on MSN
Kohl's Corp. reports 8.8% sales decrease. CEO Kingsbury to depart in January.
Kohl's on Tuesday said it expects sales to be down 7-8% for the year, which is the third quarter in a row the company has ...
Fox Business
11m
Kohl's shares tumble on earnings miss, CEO to step down in January
Kohl
's shares fell sharply on Tuesday after the company's earnings missed Wall Street estimates and following its ...
44m
on MSN
Kohl’s shares tank 20% as CEO abruptly quits before crucial Black Friday kickoff
The Wisconsin-based company reported a same-store sales decline of 9.3% – its eleventh same-store sales decline in a row.
The Motley Fool
5h
Why Kohl's Stock Crashed 20% on Tuesday
CEO
Tom
Kingsbury
blamed apparel and footwear for the decline. Sales were apparently stronger at Sephora, in "home decor, ...
9m
Kohl’s cuts forecast, tariff impact looms
Kohl's (KSS) has lowered its annual forecast following weaker-than-expected third-quarter results, causing shares to drop by ...
3h
Sales slide continues at Kohl's, analyst calls results 'abysmal'
CEO Tom Kingsbury said a strong collective performance in growth areas were not enough to offset the company's decline in its ...
2h
on MSN
Kohl's lowers annual sales forecast again on waning holiday shopping demand
The weak forecast underscores an uncertain holiday season for the retail sector, which could lean in favor of deal-heavy ...
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