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 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 expectation of its performance.
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 After Earnings and Revenue Miss. Apparel Sales Remain ‘Soft.’
Shares of Kohl’s plummeted in premarket trading Tuesday after the retailer missed third-quarter earnings and revenue targets, and slashed its guidance. Adjusted earnings per share were reported at 20 cents,
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 Lowers Full-Year Outlook as Third-Quarter Sales Fall More Than Projected
Shares of Kohl's (KSS) plunged intraday Tuesday after the retailer reported a bigger-than-expected decline in fiscal third-quarter revenue and lowered its full-year financial outlook, a day after the department store chain announced a chief executive transition plan.
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