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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 Spirals on Earnings Miss, CEO Switch: What to Know
Kohl's stock is sinking Tuesday after the retailer missed Q3 earnings expectations, slashed its full-year outlook and announced a C-suite shakeup.
Kohl's surprise CEO departure to amplify woes ahead of holiday shopping season
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.
Fox Business
13m
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 ...
36m
on MSN
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 ...
The Motley Fool
5h
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 ...
1h
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.
1h
on MSN
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.
1h
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 ...
17h
on MSN
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 ...
17h
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.
U.S. News & World Report
8h
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
Kohl’s Outlook Suggests Tough Holiday Period
Kohl’s saw sales decline in the latest quarter and now expects the full-year top line to fall 7% to 8%, creating a ...
The Business Journals
15h
What Kohl's will pay its new CEO when he starts in January
Ashley Buchanan is joining
Kohl's
Corp. from The Michaels Cos. Inc., where he has been the CEO since 2020. The new head of ...
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Related topics
Tom Kingsbury
Black Friday
Christmas
Stock
Ashley Buchanan
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