‘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 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 ...
Kohl’s downgraded to Neutral from Outperform at Baird
Baird downgraded Kohl’s (KSS) to Neutral from Outperform with a price target of $18, down from $25. The firm says ongoing pressure in Kohl’s ...
Is the Options Market Predicting a Spike in Kohl's (KSS) Stock?
Investors need to pay close attention to Kohl's (KSS) stock based on the movements in the options market lately.
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.
Kohl’s Financial Struggles Prompt Sell Rating Amid Challenging Sales Environment
In a report released today, Lorraine Hutchinson from Bank of America Securities reiterated a Sell rating on Kohl’s (KSS – Research Report), ...
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 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 ...