Kohl's surprise CEO departure announcement a day before its quarterly results will play on the minds of investors, who were looking out for a positive forecast from the struggling department store chain ahead of the key holiday shopping season.
Kohl's Corporation KSS will release earnings results for the third quarter, before the opening bell on Tuesday, Nov. 26.
Kohl's has appointed Michaels Companies CEO Ashley Buchanan to succeed its current CEO Tom Kingsbury when Kingsbury steps down on Jan. 15. Kingsbury will retain an executive advisory role and board seat through his retirement in May, the retailer said in a Monday (Nov. 25) press release.
Tom Kingsbury is retiring, to be replaced by Ashley Buchanan, current CEO of Michaels.
CNBC's Courtney Reagan joins 'Closing Bell Overtime' to talk Kohl's CEO stepping down.
Kohl's said on Monday that Tom Kingsbury plans to step down as CEO, effective Jan. 15, 2025, and will be replaced by Ashley Buchanan.
Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan
Investors need to pay close attention to Kohl's (KSS) stock based on the movements in the options market lately.
KSS' fiscal third-quarter results are likely to reflect the negative impacts of cautious consumer spending, which could pose a threat to its revenue growth.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Kohl's (KSS), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended October 2024.
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.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.