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Kohl’s Surprise CEO Departure Highlights Holiday Shopping Season Challenges
Kohl’s surprise CEO departure announcement a day before its quarterly results will play on the minds of investors, who were looking out for a positive forecast from the struggling department store chain ahead of the key holiday shopping season.
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 announcement that CEO Tom Kingsbury will step down in January. The weak forecast underscores an uncertain holiday season for the retail sector ...
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 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.
2h
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 ...
Money Morning
57m
Three Stocks: Best Buy, Kohl's and Constellation Energy
In September, Constellation stock jumped more that 40 percent in less than three weeks. The move came after announcing a ...
The Motley Fool
9h
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 ...
5h
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.
BizTimes
2h
Kohl’s struggles through third quarter, looks to refocus on ‘core business’
Menomonee Falls-based Kohl's Corp. had another disappointing quarter with net sales and comparable sales falling 8.8% and 9.3 ...
1h
on MSN
Kohl's (KSS) Q3 2024 Earnings Call Transcript
At this time, I'd like to welcome everyone to the Kohl's Corporation third quarter 2024 earnings conference call. Please note ...
5h
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.
22h
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.
6h
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 ...
5h
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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Related topics
Tom Kingsbury
Ashley Buchanan
Black Friday
Michaels
holiday shopping
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