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‘We are not satisfied’: Kohl’s stock tumbles amid slumping sales and gloomy forecast for 2024
The department store chain said its outlook for the full year is not great. To top it off, the company is losing its CEO. In the days before Thanksgiving, retail investors want reasons to be hopeful—after all,
Kohl's Stock Tumbles After Weak Results, CEO Departure News
KEY TAKEAWAYS Kohl's stock is plummeting 17% in premarket trading after it reported weaker-than-expected third-quarter earnings Tuesday, the day after it announced that CEO Tom Kingsbury would stepping down after less than two years running the struggling retailer.
Kohl's shares slump on lowered annual sales forecast as holiday demand wanes
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 deal-heavy holiday shopping season.
The Motley Fool on MSN
3d
Why Kohl's Stock Crashed 20% on Tuesday
At a P/E of 10 after its sell-off,
Kohl's
stock
looks cheap. Analysts forecast
Kohl's
would book $3.7 billion in sales ...
3d
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.
Money Morning
2d
Three Stocks: Best Buy, Kohl's and Constellation Energy
In September, Constellation stock jumped more that 40 percent in less than three weeks. The move came after announcing a ...
3d
Stock Of The Day: Kohl's Going Even Lower? Retailer Reports Revenue Way Below Expectations
Shares of Kohl's have broken long-term support. This comes after it reported earnings that were short of estimates.
2d
Kohl’s incoming CEO has a tough road ahead. Here’s why
Kohl's names Ashley Buchanan its new chief executive. An overview of challenges he will likely face as Kohl's CEO.
4d
Is the Options Market Predicting a Spike in Kohl's (KSS) Stock?
Investors need to pay close attention to Kohl's (KSS) stock based on the movements in the options market lately.
11d
Kohl’s Corporation (KSS): A Bear Case Theory
We came across a bearish thesis on Kohl’s Corporation (KSS) on wallstreetbets Subreddit Page by Tree_640. In this article, we ...
Kiplinger
3d
Kohl's Stock Spirals on Earnings Miss, CEO Switch: What to Know
Financial services firm UBS Global Research is one of the more bearish outfits on the small-cap
stock
with a Sell rating and $13.50 price target. "We believe
Kohl's
lost big market share in Q3 ...
2d
What 4 Analyst Ratings Have To Say About Kohl's
Analysts' ratings for Kohl's KSS over the last quarter vary from bullish to bearish, as provided by 4 analysts. The following ...
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Q3
Ashley Buchanan
Tom Kingsbury
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