STOUGHTON - A Kohl's department store south of Boston will be closing its doors not long after the holiday shopping season ...
The department store chain said its outlook for the full year is not great. To top it off, the company is losing its CEO.
Kohl's (KSS.N), opens new tab on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is struggling to draw in shoppers as it navigates a CEO ...
Kohl's comparable sales dropped 9.3% for the quarter ended Nov. 2, its eleventh consecutive quarter of decline. Analysts on average had expected a 5.1% fall, according to data compiled by LSEG.
(Reuters) -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 as it navigates a CEO change ahead ...
Moving forward, Kohl's management lowered its full-year guidance, projecting net sales to drop by 7% to 8% and comparable sales by 6% to 7%. The EPS forecast was lowered to a range of $1.20 to $1.50.
In the days before Thanksgiving, retail investors want reasons to be hopeful—after all, we’re about to enter the busiest shopping period of the year. But for Kohl’s investors today, that ...
Kohl's met sales forecasts but missed on earnings today. Management actually managed to improve Kohl's gross profit margin, but discounts to boost sales could erase that improvement. Kohl's CEO is ...
The lowered EPS and revenue guidance set the bar low for easier comparable sales (comps) so that any uptick in its holiday sales can improve the sentiment and prop up the stock in its next earnings ...