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Kohl, Buchanan
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 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.
Kohl’s Names Buchanan of Michaels Cos. to Take Over as CEO
Kohl’s Corp. named the chief executive officer of Michaels Cos. to lead the retailer as it looks to recover from a deep sales slump.
15h
on MSN
Kohl’s 3Q Sales Decline, New 2024 Outlook Suggests Tough Holiday Period
Kohl’s saw sales decline in the latest quarter while its revised outlook for the year suggested a challenging upcoming ...
19h
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 ...
19h
Kohl's Q3 Sales, Q4 Forecast Disappoint
Kohl's reported disappointing Q3 earnings as sales in key segments lagged expectations, prompting a downward revision of its ...
18h
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.
BizTimes
5h
Kohl’s struggles through third quarter, looks to refocus on ‘core business’
Menomonee Falls-based Kohl's Corp. had another disappointing quarter with net sales and comparable sales falling 8.8% and 9.3 ...
19h
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.
15h
Kohl’s Outlook Suggests Tough Holiday Period
Kohl’s saw sales decline in the latest quarter and now expects the full-year top line to fall 7% to 8%, creating a ...
Business Insider
5h
Kohl’s Reports Q3 Financial Results and CEO Transition
In its third quarter fiscal 2024 earnings report,
Kohl
’s announced a decline in net
sales
by 8.8% and a comparable
sales
decrease of 9.3%, with diluted earnings per share recorded at $0.20.
13h
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 ...
AOL
23h
Kohl's Q3 Misses The Mark: Weak Sales And CEO Shake-Up Send Shares Down
Kohl
’s Corp (NYSE:KSS) shares are trading lower after the company reported third-quarter earnings. The company reported a ...
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