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.
‘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 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 Cuts Sales Outlook on Weaker Spending on Clothes, Shoes
Kohl’s Corp. trimmed its full-year sales outlook, citing weakness in its apparel and footwear businesses. The stock fell 11% in premarket trading in New York. The stock has declined 36% so far this year through Monday’s close,
Kohl’s Stock Plunges 21% After Earnings and Revenue Miss. Apparel Sales Remain ‘Soft.’
Shares of Kohl’s plummeted Tuesday after the retailer missed third-quarter earnings and revenue targets, and slashed its guidance. Adjusted earnings per share were reported at 20 cents, missing the FactSet consensus estimate of 28 cents.
Kohl’s stock tumbles toward a 4-year low after earnings miss across the board, amid weakness in clothes and shoes
Shares of Kohl’s Corp. tumbled 11.8% toward a more than four-year low in premarket trading Tuesday, after the department-store chain reported fiscal third-quarter results that missed expectations across the board,
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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 ...
Kohl's: Poor Underlying Demand For The Foreseeable Future
Kohl's reported yet another quarter of poor performance, with 3Q24 total revenue falling by 8.5% y/y. Find out why I maintain ...
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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 ...
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Kohl's Stock Spirals on Earnings Miss, CEO Switch: What to Know
Financial services firm UBS Global Research is one of the more bearish outfits on the small-cap stock with a Sell rating and $13.50 price target. "We believe Kohl's lost big market share in Q3 ...
Major Retailers See Stock Gains on Black Friday
Apple, Amazon, Target, Walmart, Best Buy, Macy's, Kohl's and Nordstrom's stock prices slightly increased on Friday.
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 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 ...
Walmart, Abercrombie and Fitch among top retail stock picks this holiday season
The holiday season is "off to a good start in line with our expectations," Walmart CFO John David Rainey told Yahoo Finance. Walmart expects sales to grow 3% to 4% in the fourth quarter. Specialty ...
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 ...