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Kohl's shares tumble on earnings miss, CEO to step down
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 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 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.
52m
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.
3h
Sales slide continues at Kohl's, analyst calls results 'abysmal'
CEO Tom Kingsbury said a strong collective performance in growth areas were not enough to offset the company's decline in its ...
3h
Kohl's Q3 Misses The Mark: Weak Sales And CEO Shake-Up Send Shares Down
Kohl's reported Q3 earnings, with net sales down 8.8%, operating income at $98 million, and EPS of $0.20. CEO transition ...
2h
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,” ...
Detroit News
24m
Wall Street hangs near its records despite tariff talk
Kohl’s tumbled 19.7% after its results for the latest quarter fell short of analysts’ expectations. CEO
Tom
Kingsbury
...
52m
on MSN
Kohl’s Stock Plunges After Earnings and Revenue Miss. Apparel Sales Remain ‘Soft.’
Shares of Kohl’s plummeted in premarket trading Tuesday after the retailer missed third-quarter earnings and revenue targets, ...
1h
on MSN
Kohl’s Cuts Outlook as Rebound Effort Flails; Shares Tumble
Kohl’s Corp. shares plunged 16.6% in premarket trading on Tuesday after the company cut its full-year sales outlook, ...
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