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Kohl’s Stock Plunges After Earnings and Revenue Miss. Apparel Sales Remain ‘Soft.’
Shares of Kohl’s plummeted in premarket trading Tuesday after the retailer missed third-quarter earnings and revenue targets, and slashed its guidance.Adjusted earnings per share were reported at 20 cents,
Kohl’s stock tumbles toward a 4-year low after earnings miss across the board, amid weakness in clothes and shoes
Shares of Kohl’s Corp. tumbled 11.8% toward a more than four-year low in premarket trading Tuesday, after the department-store chain reported fiscal third-quarter results that missed expectations across the board,
Kohl’s (NYSE:KSS) Q3 Earnings Results: Revenue In Line With Expectations But Stock Drops 12.8%
Department store chain Kohl’s (NYSE:KSS) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell by 8.5% year on year to $3.71 billion. Its GAAP profit of $0.20 per share was 26.8% below analysts’ consensus estimates.
44m
on MSN
Kohl's lowers annual sales forecast again on waning holiday shopping demand
Kohl's on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is ...
39m
Kohl's Q3 Sales, Q4 Forecast Disappoint
Kohl's reported disappointing Q3 earnings as sales in key segments lagged expectations, prompting a downward revision of its ...
16h
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.
Reuters on MSN
4h
Kohl's surprise CEO departure to amplify woes ahead of holiday shopping season
Nov 26 (Reuters) -
Kohl's
(KSS.N), opens new tab surprise CEO departure announcement a day before its quarterly results ...
25m
Kohl's Stock Tumbles After Weak Results, CEO Departure News
Kohl's shares are sinking in premarket trading after the department store chain reported weaker-than-expected results and lowered its guidance, and said that chief executive Tom Kingsbury is stepping ...
The Business Journals
14h
What Kohl's will pay its new CEO when he starts in January
Ashley Buchanan is joining
Kohl's
Corp. from The Michaels Cos. Inc., where he has been the CEO since 2020. The new head of ...
5h
on MSN
Kohl’s Names Third CEO in Three Years
Kohl’s has appointed former Walmart executive Ashley Buchanan as chief executive as the department store aims to lure back ...
16h
Kohl's CEO to depart after less than two years at the helm
Kohl's CEO Tom Kingsbury will step down after less than two years at the helm, paving the way for former Walmart executive ...
14h
Kohl’s Picks C.E.O. of Michaels to Help It Turn Around
Mr. Buchanan will be the third chief executive at Kohl’s since 2018. Tom Kingsbury has served as interim chief executive ...
4h
10 Fantastic Products You'll Only Find at Kohl's
Kohl's department store offers exclusive brands with unique products at low prices. See our picks for the 10 best Kohl's buys ...
U.S. News & World Report
7h
Kohl's Lowers Annual Sales Forecast Again on Muted Holiday Demand
(Reuters) -
Kohl's
on Tuesday forecast a bigger drop in annual sales than previously expected, in a sign the ...
1h
on MSN
Kohl’s 3Q Sales Decline, New 2024 Outlook Suggests Tough Holiday Period
Kohl’s saw sales decline in the latest quarter while its revised outlook for the year suggested a challenging upcoming ...
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