Kohl's (KSS) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to loss of $0.24 per share a year ago.
Stocks and bond are telling different stories
Get a deeper insight into the potential performance of Kohl's (KSS) for the quarter ended April 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
KSS is expected to report lower Q1 revenues and a loss due to sluggish home sales and ongoing macroeconomic headwinds.
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.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Albeit still weak, Kohl's Corporation reported surprisingly resistant preliminary Q1 results in a weak consumer environment. Kohl's long-term outlook is still burdened by a secular decline in department store traffic. The company's omnichannel transition hasn't been successful. Kohl's assortments include weak brands. The firing of Kohl's new CEO after less than four months adds to operational uncertainty.
Shares of Kohl's Corporation (NYSE: KSS) were up nearly 10% on Thursday after the company fired CEO Ashley Buchanan after just four months on the job, appointing Chairman Michael Bender as interim chief executive officer effective immediately.
Ashley Buchanan's tenure as CEO of department store chain Kohl's was short-lived. Buchanan, who became Kohl's chief executive Jan.
Kohl's has terminated its new CEO Ashley Buchanan after an investigation determined that he directed the retailer to engage in vendor transactions that involved undisclosed conflicts of interest.
Kohl's board of directors said they fired CEO Ashley Buchanan over "conflicts of interest." Buchanan became CEO in January.
The discount department store's stock recently closed at a 30-year low, and had been losing to those of its rivals by a wide margin.