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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 holiday period, creating a challenging setup for its next chief executive.
Kohl's lowers annual sales forecast again on muted holiday shopping demand
Kohl's on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is struggling to draw in shoppers ahead of the promotion-heavy holiday shopping season.
Kohl's Lowers Full-Year Outlook as Third-Quarter Sales Fall More Than Projected
Shares of Kohl's (KSS) plunged intraday Tuesday after the retailer reported a bigger-than-expected decline in fiscal third-quarter revenue and lowered its full-year financial outlook, a day after the department store chain announced a chief executive transition plan.
Retail Earnings Recap: Kohl's Cuts Full-Year Sales Outlook
Kohl's cut its full-year sales outlook as the company now expects its 2024 comparable sales to fall between 6% and 7%, lower than its earlier guidance of a 3% to 5% drop. The store's turnaround strategy will now be turned over to Ashley Buchanan,
1h
on MSN
Kohl’s Cuts Outlook as Rebound Effort Flails; Shares Tumble
Kohl’s Corp. shares plunged to the lowest level since 2020 after the company cut its full-year sales outlook, signaling that ...
Fox Business
2h
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 ...
2h
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.
1h
Kohl’s incoming CEO has a tough road ahead. Here’s why
Kohl's names Ashley Buchanan its new chief executive. An overview of challenges he will likely face as Kohl's CEO.
The Motley Fool
7h
Why Kohl's Stock Crashed 20% on Tuesday
Kohl's
met sales forecasts but missed on earnings today. Management actually managed to improve
Kohl's
gross profit ...
19h
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.
19h
on MSN
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 ...
3h
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 ...
3h
on MSN
Kohl’s stock sinks after another sales miss, as shoes and clothes remain weak
Kohl’s stock tanks after yet another sales miss, as the retailer’s core apparel and shoes businesses remain weak.
AOL
7h
Kohl's Q3 Misses The Mark: Weak Sales And CEO Shake-Up Send Shares Down
Kohl’s
Corp (NYSE:KSS) shares are trading lower after the company reported third-quarter earnings. The company reported a ...
U.S. News & World Report
10h
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 ...
The Business Journals
17h
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 ...
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Related topics
Tom Kingsbury
Black Friday
Christmas
Ashley Buchanan
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