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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 looking out for a positive forecast from the struggling department store chain ahead of the key holiday shopping season.
Kohl's shares tumble on earnings miss, CEO to step down in January
Kohl's
shares fell sharply on Tuesday after the company's earnings missed Wall Street estimates and following its announcement that CEO Tom Kingsbury will step down in January. The weak forecast underscores an uncertain holiday season for the retail sector ...
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.
Money Morning
27m
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 ...
2h
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 ...
23m
Kohl's (KSS) Q3 2024 Earnings Call Transcript
Kohl's (NYSE: KSS) Q3 2024 Earnings Call Nov 26, 2024, 9:00 a.m. ET Thank you for standing by. My name is Brianna, and I will ...
The Motley Fool
9h
Why Kohl's Stock Crashed 20% on Tuesday
Kohl's
met sales forecasts but missed on earnings today. Management actually managed to improve
Kohl's
gross profit ...
2h
on MSN
Kohl's Corp. reports 8.8% sales decrease. CEO Kingsbury to depart in January.
Kohl's expects sales to be down 7-8% for the year, which is the third quarter in a row the company has changed its ...
1h
on MSN
Best Buy posts another quarterly sales drop while Kohl’s sees slump deepen
Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans continued to ...
21h
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.
5h
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 ...
7h
Kohl’s Names Third CEO in Three Years
Kohl’s has appointed Ashley Buchanan as its CEO as the department store looks to bring back its value-seeking customer base ...
U.S. News & World Report
12h
Kohl's Lowers Annual Sales Forecast Again on Muted Holiday Demand
(Reuters) -
Kohl's
on Tuesday forecast a bigger drop in annual sales than previously expected, in a sign the ...
3h
on MSN
Kohl’s Cuts Outlook as Rebound Effort Flails; Shares Tumble
Kohl’s Corp. shares plunged to the lowest level since 2020 after the company cut its full-year sales outlook, signaling that ...
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Tom Kingsbury
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