Kohl's shares plummet as sales drop, guidance widely miss estimates amid turnaround efforts
On Tuesday before market open, Kohl's reported that Q4 revenue and same-store sales declined 9.4% and 6.7% year over year, respectively. Adjusted earnings per share came in at $0.95, compared to $1.67 in the year-ago period.
Kohl's stock plummets as sales drop, guidance widely misses estimates amid turnaround efforts
Kohl's (KSS) comeback attempt is falling flat as the department store chain reported fourth quarter results that showed steep drops. On Tuesday before the market open, Kohl's reported that Q4 revenue and same-store sales declined 9.
Kohl's Shares Tumble 17% as Retailer Forecasts Up to 7% Sales Drop in 2025
Shares of Kohl's Corp. plunged 17% in premarket trading Tuesday after the retailer forecasted a significantly weaker-than-expected sales outlook for 2025, underscoring deepening challenges for department stores amid persistent inflation and shifting consumer behavior.
Kohl's shares slump as downbeat annual sales forecast casts shadow on turnaround
Kohl's Corp new CEO warned that a turnaround will take "some time" after the U.S. department store chain forecast a bigger-than-anticipated drop in annual sales, sending its shares sliding 20% to a near three-decade low on Tuesday.
Kohl’s Shares Fall After Weak Sales Outlook
Analysts polled by FactSet had been projecting a comparable sales decline of less than 1% for the year and earnings to at least break $1 a share. Kohl’s was already facing a dec
Kohl's shares plunge 15% as retailer gives rough outlook for the year ahead
Kohl’s posted a beat on revenue for the fourth quarter on Tuesday, but issued disappointing guidance for the year ahead.
Kohl's downbeat annual sales forecast sends shares tumbling 17%
Kohl's Corp forecast a bigger-than-anticipated drop in annual sales and expects profit below Wall Street estimates on Tuesday, as the U.S. department store chain grapples with uneven demand amid a turnaround under its new CEO.
Kohl’s Guides for Another Sales Drop in 2025
Kohl’s cut its dividend and guided for another sales decline in fiscal 2025 that’s bigger than Wall Street had been expecting.
Kohl's Corp. sales decline 7.2% in 2024. Profit down sharply for the quarter and year.
Kohl's Corp. sales declined 9.4% during the pivotal fourth quarter of 2024 and overall sales were down 7.2% for the year, the ...
Kohl's Stock Tumbles 25% on Weak 2025 Sales, Profit Projections
Shares of Kohl's tumbled Tuesday after the struggling retailer's forecasts for fiscal 2025 fell short of what analysts had ...
Kohl's (NYSE:KSS) Reports US$15.4 Billion Sales and US$109 Million Net Income in 2025
Kohl's (NYSE:KSS) reported a challenging fiscal year with significant declines in sales and net income, impacting its financial performance considerably. However, despite a broad market downturn of 4.
Kohl’s announces further store closures in early 2025: List of stores that will close
Popular Hoover Mexican restaurant closes, leaving ‘an irreplaceable void’ for fans Feb. 21, 2025, 9:40 a.m. Another major national retailer plans to close hundreds of stores Feb. 21, 2025, 1:52 a.m.
Popular department store to close ‘underperforming’ locations, including one in Pa.
Popular department store Kohl's plans to close 27 underperforming locations by April 2025. In this photo, shoppers wait in ...
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A complete list of all 27 Kohl's stores set to close in weeks… as shoppers rush to snap up 90% off deals
Kohl's will shut 27 'underperforming' US stores in weeks ... We always take these decisions very seriously,' former CEO ...
Kohl's to close 27 stores by April. Which Pennsylvania store will close?
Kohl's plans to close 27 stores by April 2025. That will leave the retailer with more than 1,120 locations. Here's a list of the Kohl's stores closing by April 2025, by state.