Kohl's Stock Tumbles on Weak 2025 Sales, Profit Projections
Shares of Kohl's (KSS) are tumbling 15% in premarket trading Tuesday after the struggling retailer's forecasts for fiscal 2025 fell short of analysts' expectations.
Kohl's shares plunge 15% as retailer gives rough outlook for the year ahead
Kohl's earnings and revenue topped estimates for the fourth quarter, but it issued disappointing guidance for 2025. Revenue came in at $5.18 billion for the fourth quarter and $15.39 billion for the full year.
Kohl's Guides for Another Sales Drop in 2025
Kohl's cut its dividend and guided for another sales decline in fiscal 2025 that's bigger than Wall Street had been expecting.
Retailer Kohl's forecasts bigger-than-expected drop in annual sales
Kohl's Corp forecast a bigger drop in annual comparable sales than expected on Tuesday, piling on more pressure on new boss Ashley Buchanan as he engineers a turnaround at the U.S. department store chain struggling with uneven demand.
How To Earn $500 A Month From Kohl's Stock Ahead Of Q4 Earnings
Kohl's Corporation KSS will release its fourth-quarter financial results before the opening bell on Tuesday, March 11.
Kohl's Stock Falls Before Earnings as Retailers Struggle
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.
Board Approves Final Plans For 16 Cottages At Cedarhurst Of Frankfort
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.
What Analyst Projections for Key Metrics Reveal About Kohl's (KSS) Q4 Earnings
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.
Kohl's Gears Up for Q4 Earnings: Here's What You Should Understand
KSS' Q4 results are likely to reflect the adverse impacts of a highly competitive holiday season and cautious consumer spending.
Analysts Estimate Kohl's (KSS) to Report a Decline in Earnings: What to Look Out for
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: New CEO Has Time To Work On A Turnaround
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 cuts 10% of its corporate workforce
Kohl's said on Tuesday it has reduced nearly 10% of its corporate workforce, as the department store chain aims to improve profitability.
