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.
Kingsbury will remain with Kohl’s in an advisory role to Buchanan and stay on the board until he retires in May.
Kohl's shares fell sharply on Tuesday after the company's earnings missed Wall Street estimates and following its ...
Kohl’s Corp. shares plunged to the lowest level since 2020 after the company cut its full-year sales outlook, signaling that ...
The Wisconsin-based company reported a same-store sales decline of 9.3% – its eleventh same-store sales decline in a row.
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 ...
Kohl’s saw sales decline in the latest quarter and now expects the full-year top line to fall 7% to 8%, creating a ...
Kohl's on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is ...
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 ...
In September, Constellation stock jumped more that 40 percent in less than three weeks. The move came after announcing a ...
Kohl's reported disappointing Q3 earnings as sales in key segments lagged expectations, prompting a downward revision of its ...
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