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Kohl's CEO Tom Kingsbury To Step Down In Jan. 2025
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% to 8% for the year, which is the third quarter in a row the company has changed its expectations on its performance. The Menomonee Falls-based retailer reported a profit of $22 million for the quarter,
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 ...
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.
Reuters on MSN
11h
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 ...
4h
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.
1h
Kohl’s Revises FY Outlook, Appoints New CEO
By Karen Roman Kohl’s Corp. (NYSE: KSS) said net sales decreased 8.8% to $3.5 billion and comparable sales declined 9.3% for ...
12h
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 ...
The Business Journals
20h
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 ...
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Tom Kingsbury
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