Kohl's incoming CEO has a tough road ahead. Here's why
Kohl's Corp (NYSE: KSS) is in focus this morning after naming Ashley Buchanan its new chief executive. Buchanan, who has most recently served in a similar role at the Michaels Companies, will take the helm from Tom Kingsbury on January 15th, as per the company's press release on Tuesday.
Kohl's shares tumble on earnings miss, CEO to step down in January
Kohl's announced that CEO Tom Kingsbury is stepping down in January. He will be replaced by Ashley Buchanan, the current chief executive of arts and crafts retailer Michaels.
Why Kohl's Stock Crashed 20% on Tuesday
Kohl's (KSS -21.51%) stock collapsed after the company reported mixed earnings for its fiscal third quarter of 2024 Tuesday morning, falling 20% in the first 10 minutes of trading, as of 9:40 a.m. ET.
Kohl's (KSS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Kohl's (KSS) give a sense of how its business performed in the quarter ended October 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Kohl's Stock Eyes Worst Day Since 2020 After Earnings
Kohl's Corp (NYSE:KSS) stock is down 19.9% to trade at $14.71 at last glance, after the retailer's third-quarter earnings and revenue missed estimates.
Kohl's shares tank 20% as CEO abruptly quits before crucial Black Friday kickoff
The Wisconsin-based company reported a same-store sales decline of 9.3% – its eleventh same-store sales decline in a row.
Kohl's Stock Plunges After Earnings and Revenue Miss. Apparel Sales Remain ‘Soft.
Apparel and footwear sales remained soft in the third quarter, says outgoing CEO Tom Kingsbury.
Kohl's (KSS) Misses Q3 Earnings and Revenue Estimates
Kohl's (KSS) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.53 per share a year ago.
Kohl's Stock Tumbles After Weak Results, CEO Departure News
Kohl's (KSS) shares are tumbling 17% in premarket trading Tuesday after the retailer posted weaker-than-expected quarterly results and lowered its outlook.
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 trims annual sales forecast on muted demand before holiday season
Kohl's cut its annual sales forecast for the third time this year on Tuesday, in a sign the department-store chain is struggling to draw in shoppers ahead of a deal-heavy holiday shopping season.
Kohl's Stock Slips as CEO Being Replaced
Kohl's (KSS) shares are falling 3.5% in premarket trading after the department store company said that Chief Executive Officer (CEO) Tom Kingsbury is stepping down after less than two years running the struggling retailer.
