‘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 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 shares slump on lowered annual sales forecast as holiday demand wanes
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 of a deal-heavy holiday shopping season.
Kohl's shares tumble on earnings miss, CEO to step down in January
Kohl's announced that CEO Tom Kingsbury is stepping down in January. He will be replaced by Ashley Buchanan, the current chief executive of arts and crafts retailer Michaels.
Kohl's CEO will step down. He'll be replaced by the head of Michaels
Kohl’s announced its CEO Tom Kingsbury will step down on January 15, 2025, and will be replaced by the CEO of arts and crafts retailer Michaels
Kohl’s CEO to step down, be replaced by Michaels CEO
He will become an advisor to the new CEO until he retires in May 2025. ““I’ve loved working in the retail industry for more than 40 years and it’s been an honor to finish my career at Kohl’s, a company that I’ve known and loved since I was a kid in Wisconsin,
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Why Kohl's Stock Crashed 20% on Tuesday
At a P/E of 10 after its sell-off, Kohl's stock looks cheap. Analysts forecast Kohl's would book $3.7 billion in sales ...
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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 ...
Stock Of The Day: Kohl's Going Even Lower? Retailer Reports Revenue Way Below Expectations
Shares of Kohl's have broken long-term support. This comes after it reported earnings that were short of estimates.
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.
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Kohl's Stock Spirals on Earnings Miss, CEO Switch: What to Know
Financial services firm UBS Global Research is one of the more bearish outfits on the small-cap stock with a Sell rating and $13.50 price target. "We believe Kohl's lost big market share in Q3 ...
Kohl’s Faces Transitional Challenges Amid Earnings Miss and Strategic Uncertainty: Analyst Recommends Hold Rating
Analyst Oliver Chen from TD Cowen maintained a Hold rating on Kohl’s (KSS – Research Report) and decreased the price target to $16.00 from ...
Kohl’s Corporation (KSS): A Bear Case Theory
We came across a bearish thesis on Kohl’s Corporation (KSS) on wallstreetbets Subreddit Page by Tree_640. In this article, we ...