Kohl's Corporation KSS will release its fourth-quarter financial results before the opening bell on Tuesday, March 11.
Kohl's Corp (NYSE:KSS) will follow up sector peer Macy's (M) in the earnings confessional, with fourth-quarter results due out before the market opens on Tuesday, March 11.
FRANKFORT, IL — At its Monday meeting, the Frankfort Village Board approved a final development plan for phase 2 of Cedarhurst of Frankfort. Trustee Maura Rigoni said Dover Development is proposing the development of 16 independent living buildings on the property of the existing Cedarhurst Assisted Living facility, at 21507 S. Wolf Road. Rigoni said the plan commission unanimously recommended approving the final development plan "subject to conditions which have since been addressed related to the landscape plan and photometric plan." Cedarhurst of Frankfort is located in the Prairie Crossing subdivision off of Wolf Road, between the Old Plank Road Trail and Kohl's. The senior living facility opened in 2021, and offers assisted living and memory care.
Get a deeper insight into the potential performance of Kohl's (KSS) for the quarter ended January 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
KSS' Q4 results are likely to reflect the adverse impacts of a highly competitive holiday season and cautious consumer spending.
Kohl's (KSS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Kohl's turned to a new CEO to attempt a turnaround. It remains in reasonable financial shape despite significant declines in comparable store sales. Kohl's has $353 million in notes maturing in 2025, then no large note maturities until 2031. Kohl's also looks capable of generating several hundred million in free cash flow before dividends.
Kohl's said on Tuesday it has reduced nearly 10% of its corporate workforce, as the department store chain aims to improve profitability.
Kohl's shoppers are reportedly hoping the chain's new CEO can bring back some old favorites. The retailer appointed in November Michaels Companies CEO Ashley Buchanan to succeed CEO Tom Kingsbury, who stepped down last week.
Kohl's plans to close 27 underperforming stores by April. The retailer operates more than 1,150 locations across the US.
Twenty-seven "underperforming" Kohl's stores are set to shutter this spring. The company published a list of the locations late last week.
KSS will close a fulfillment center and 27 underperforming stores in 2025 amid ongoing challenges in the competitive retail market.