Kohl’s expects net sales to decrease between 7% and 8% in FY24. Credit: refrina/Shutterstock. Kohl’s saw strong performance in key growth areas such as Sephora, home decor, gifting, and impulse. The ...
Kohl's saw strong performance in key growth areas such as Sephora, home decor, gifting, and impulse. The third quarter results did not meet the company’s expectations with net sales declining by ...
Kohl's comparable sales dropped 9.3% for the quarter ended Nov. 2, its eleventh consecutive quarter of decline. Analysts on average had expected a 5.1% fall, according to data compiled by LSEG.
Sales at Kohl's Corp. fell nearly 9% during its third fiscal quarter, as outgoing CEO Tom Kingsbury cited soft sales in apparel and footwear as primary challenges. Sales at Kohl's Corp. fell ...
Days before the unofficial start of the holiday shopping season, Kohl's Corp. reported a net sales decrease of 8.8% for the third quarter and a comparable sales decrease of 9.3% from last year.
Kohl’s Q3 sales fell 8.8%, with a 9.3% drop in comparable sales and a miss on EPS expectations. CEO Tom Kingsbury will step down in January 2025, with Ashley Buchanan to take over as CEO.
Kohl’s is facing a decline in comparable sales and challenges with profitability as customers pull back on discretionary spending. Its tie-up with the beauty retailer Sephora has helped buoy ...
Kohl's continues to fight an uphill battle after sales tumbled following missed opportunities, a decline in footfall, and an overreliance on its partnership with Sephora. Comparable sales at the ...