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.
Kohl’s Cuts Sales Outlook on Weaker Spending on Clothes, Shoes
Kohl’s Corp. trimmed its full-year sales outlook, citing weakness in its apparel and footwear businesses. The stock fell 11% in premarket trading in New York. The stock has declined 36% so far this year through Monday’s close,
‘We are not satisfied’: Kohl’s stock tumbles amid slumping sales and gloomy forecast for 2024
The department store chain said its outlook for the full year is not great. To top it off, the company is losing its CEO. In the days before Thanksgiving, retail investors want reasons to be hopeful—after all,
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 Troubles Deepen as Retailers Call Out Weak Spending
Kohl’s Corp. shares plunged to the lowest level since 2020 after the company cut its full-year sales outlook, signaling that its turnaround efforts are fizzling in an increasingly difficult retail environment.
All Change At Kohl’s As Retailer Confirms Weak Third Quarter
Kohl’s Corp. has reported yet another disappointing earnings and revenue quarter, and has confirmed a change at the helm, with a new CEO to takeover in the new year.
Kohl’s Stock Plunges 21% After Earnings and Revenue Miss. Apparel Sales Remain ‘Soft.’
Shares of Kohl’s plummeted Tuesday after the retailer missed third-quarter earnings and revenue targets, and slashed its guidance. Adjusted earnings per share were reported at 20 cents, missing the FactSet consensus estimate of 28 cents.
8 Kohl's Exclusive Products Everyone Should Know About
Did you know that Kohl's offers exclusive deals on fashion brands, toys, and household goods? See our picks for well-rated, ...
Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan
Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down ...