Kohl's shares slump as downbeat annual sales forecast casts shadow on turnaround
Kohl's Corp new CEO warned that a turnaround will take "some time" after the U.S. department store chain forecast a bigger-than-anticipated drop in annual sales, sending its shares sliding 20% to a near three-decade low on Tuesday.
Kohl’s shares plunge 22% on weak sales forecast, new CEO warns turnaround will take ‘some time’
Kohl’s on Tuesday forecast weaker-than-expected sales and its new chief executive warned that a turnaround will take “some time” – sending its shares toppling 22%.
Kohl’s Shares Fall After Weak Sales Outlook
The department-store chain joins a growing list of companies warning of a slowdown in household spending.
Kohl's shares plunge 20% as retailer gives rough outlook for the year ahead
Kohl’s posted a beat on revenue for the fourth quarter on Tuesday, but issued disappointing guidance for the year ahead.
Kohl's stock plummets as sales drop, guidance widely misses estimates amid turnaround efforts
On Tuesday before market open, Kohl's reported that Q4 revenue and same-store sales declined 9.4% and 6.7% year over year, respectively. Adjusted earnings per share came in at $0.95, compared to $1.67 in the year-ago period.
Kohl’s stock tumbles on weak outlook as sales slide. Retailer is taking action, CEO says.
Kohl’s Corp. shares are down more than 15% in premarket trades, weighed down by the department-store chain’s weak 2025 outlook after fourth-quarter sales fell 9.4% year-over-year.
Kohl’s Stock Keeps Falling as Wall Street Turns More Bearish
Key Takeaways Kohl’s shares slumped Wednesday, extending recent losses as Bank of America analysts suggested it could keep falling.The company’s new CEO Ashley Buchanan on Tuesday detailed plans for a turnaround,
Kohl’s Stock Dives On Disappointing Outlook, But Retail’s Optimistic Post Q4 Results
Shares of Kohl’s Corp. recovered slightly in after-hours trading on Tuesday after diving nearly 24% in the regular session following the retailer’s worse-than-expected 2025 guidance, but retail sentiment was upbeat.
Why Kohl’s worst stock drop on record may have been excessive
New Kohl’s CEO Ashley Buchanan has a “meaningful” opportunity to drive improvements at the retailer, says analyst firm ...
A Parody of the Mind! Jim Cramer Slams Kohl’s Corporation (KSS)’s Structural Mess
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Kohl's forecasts shopper slowdown: is it happening everywhere?
Kohl's has just predicted a slowdown in sales for 2025, the first since COVID hit. Does this hint at a general spending ...
Kohl’s new CEO has a massive cleanup job ahead of him as shares plunge to their lowest point since 1995
He worked for 13 years at Walmart in top roles including chief merchant of its massive e-commerce business and Sam’s Club ...
Kohl's Mixed Results: EPS vs Revenue
Kohl's exceeded earnings expectations despite substantial sales declines, driven by strategic initiatives and cost management ...
Here's How Kohl's New CEO Wants to Turn the Retailer Around
Ashley Buchanan, CEO of the department-store chain, on Tuesday outlined his plan to turn things around following the release ...
Kohl's to revisit promotional deals. Frequent shoppers unhappy when brands are off limits
Some of those actions I think were harmful to that core customer. We need to loop back and build that brand love with them ...
Kohl’s had an even worse quarter than Wall Street expected with net sales plummeting nearly 10% in the aftermath of layoffs and store closures
Kohl’s had a disappointing fourth quarter, with net sales dropping nearly 10%. Earlier this year, the department store chain ...