‘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 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 struggling to draw in shoppers as it navigates a CEO change ahead of a deal-heavy holiday shopping season.
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 to depart after less than 2 years at the helm
Kohl's CEO Tom Kingsbury will step down after less than two years at the helm, paving the way for former Walmart executive Ashley Buchanan to take on the role.
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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 ...
What 4 Analyst Ratings Have To Say About Kohl's
Analysts' ratings for Kohl's KSS over the last quarter vary from bullish to bearish, as provided by 4 analysts. The following ...
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.
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Kohl’s price target lowered to $17 from $23 at Telsey Advisory
The firm maintains its rating on the stock due to visibility challenges to near-term improvement ... Try Now>> See the top stocks recommended by analysts >> Read More on KSS: Kohl's NewsMORE ...
Kohl's: Weak Q3 Results Make Shares A Likely 'Value Trap' (Downgrade)
Financial struggles at Kohl's Corporation lead to a 37% stock drop in 2021. Read why KSS stock is downgraded to Hold.
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.
Dow Jones Today: S&P 500 Hits Record High in Late Trading as Stock Market Rally Continues
Stocks were higher Tuesday afternoon as investors digested earnings reports from several retailers and awaited results from ...