Kohl’s (KSS) stock fell Tuesday after the retailer reported a larger-than-expected decline in sales for its fiscal fourth quarter.
Kohl’s (KSS) stock fell Tuesday after the retailer reported a larger-than-expected decline in sales for its fiscal fourth quarter.
Kohl’s (KSS.N), on Tuesday forecast a smaller drop in sales and bigger profit for the full year, as the U.S. department-store operator banks on new collections and promotions to drive demand during the holiday season, sending its shares surging 28%.
Kohl’s shares climbed more than 20% on Wednesday after the retailer topped Wall Street’s second-quarter earnings and revenue expectations, even as its sales declined and it looks for a new CEO.
Kohl’s retained its annual forecasts after reporting better-than-expected results for the first quarter on Thursday, as the U.S. department store chain bets on its turnaround efforts against the background of tariff-induced choppy demand.
Kohl’s Corp. shares are down more than 15% in premarket trades, weighed down by the department-store chain’s weak 2025 outlook after fourth-quarter sales fell 9.4% year-over-year.
Kohl’s on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is struggling to draw in shoppers as it navigates a CEO change ahead of a promotion-heavy holiday shopping season.
Department store chain Kohl’s cut its annual sales and profit forecast after posting a surprise quarterly loss on weaker consumer demand for its apparel and footwear, dragging its shares down 22% before the bell on Thursday.
Shares of Kohl’s were trading higher after the retailer topped quarterly earnings estimates and announced a partnership with Babies “R” Us.
Nov 21 (Reuters) – Kohl’s posted a bigger-than-expected drop in quarterly sales on Tuesday as cost-conscious shoppers chose to spend less at its department stores amid still high inflation, sending its shares down more than 4% before the bell.
Kohl’s Corp beat estimates for quarterly profit on Wednesday, as leaner inventories, lower costs and fewer discounts helped the department store chain counter a broader retail slowdown.
Kohl’s shares spiked early Wednesday as the struggling retailer posted a surprise profit while it chases a turnaround.