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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.
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,
17m
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 ...
55m
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 ...
Reuters on MSN
5h
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 ...
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.
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 ...
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 ...
2h
Kohl's Q3 Misses The Mark: Weak Sales And CEO Shake-Up Send Shares Down
Kohl's reported Q3 earnings, with net sales down 8.8%, operating income at $98 million, and EPS of $0.20. CEO transition ...
6h
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 ...
11h
on MSN
Kohl’s is bringing aboard a new, digitally-focused CEO. Its shares are falling.
Kohl’s Corp. on Monday said Tom Kingsbury would step down as its chief executive in January and that it would bring aboard a ...
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 ...
8m
on MSN
Kohl’s Cuts Outlook as Rebound Effort Flails; Shares Tumble
Kohl’s Corp. shares plunged 16.6% in premarket trading on Tuesday after the company cut its full-year sales outlook, ...
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Ashley Buchanan
Tom Kingsbury
Black Friday
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