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 retailer said Tuesday. The fourth quarter, which includes the holiday season,
Kohl's Stock Tumbles on Weak 2025 Sales, Profit Projections
Shares of Kohl's tumbled in premarket trading Tuesday after the struggling retailer's forecasts for fiscal 2025 fell short of what analysts had expected.
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 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 Adds to Weakening Retail Sales Outlook, Stock Plummets
Kohl’s Corp.’s stock plunged 19% in early trading as the retailer’s turnaround struggles to gain traction. Comparable sales this year will drop as much as 6%, the retailer said on Tuesday. Analysts projected a decline of 0.
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 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 ...
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.
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Kohl's to close 27 stores amid profitability push
Kohl’s said it “continues to believe in the health and strength of its profitable store base.”It’s one of the last decisions made by outgoing CEO Tom Kingsbury, who is stepping down Wednesday ...
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.
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Kohl’s is closing 27 stores across US, including this Sacramento-area location. Here’s when
“We always take these decisions very seriously,” Kohl’s CEO Tom Kingsbury said in the release. “As we continue to build on our long-term growth strategy, it is important that we also take ...