Kohl’s shares tanked more than 20% as the retailer reported plummeting sales and its chief executive abruptly quit — just days before the crucial Black Friday kickoff to the holiday season.
Kohl's also expects comparable sales to fall between 6% and 7% for 2024, from a 3% to 5% decline previously forecast. The ...
Kohl’s Q4 sales declines 9.4% year-on-year to $5.175 billion. Kohl’s expects FY25 sales decline of 5% – 7%. In a market dominated by tariff tensions, geopolitical surprises, and Fed ...
Kohl’s expects an FY25 operating margin of 2.2% – 2.6% and capital expenditures of about $400 million – $425 million. Price Action : KSS shares trading lower by 16.2% at $10.10 in premarket ...
Kohl’s held $134 million in cash and equivalents as of February 1, 2025. Operating cash flow was $596 million in the quarter. Inventory at the end of the quarter was $2.9 billion, a 2% increase Y/Y.
Kohl’s Corp (NYSE:KSS) shares are plunging in premarket on Tuesday after the fourth-quarter FY24 earnings results. The company reported a fourth-quarter sales decline of 9.4% year-on-year to $5.175 ...
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