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Kohl's CEO to depart
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 CEO to depart after less than two years at the helm
Kohl's CEO Tom Kingsbury will step down after less than two years at the helm, paving the way for former Walmart executive Ashley Buchanan to take on the role as the department store chain looks to execute a turnaround.
Kohl’s Names New CEO Ahead of Earnings
Kohl’s stock fell in after-hour trading Monday following the department store’s announcement that CEO Tom Kingsbury is retiring at the end of the year. The company has named Ashley Buchanan, current CEO of Michaels,
51m
on MSN
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 7-8% for the year, which is the third quarter in a row the company has ...
17h
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.
1h
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.
2m
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 ...
The Business Journals
15h
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 ...
1h
Kohl's Corp. fiscal Q3 results miss analysts’ expectations; CEO change set for January
Our third quarter results did not meet our expectations as sales remained soft in our apparel and footwear businesses,” ...
Dallas Morning News on MSN
16h
Michaels looking for new leader as CEO moves to Kohl’s
(Ben Torres / Special Contributor) Irving-based Michaels is set to be under new leadership as its
CEO
prepares to move to ...
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Related topics
Tom Kingsbury
Ashley Buchanan
Michaels
Walmart
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