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.
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 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 ...
Cyber Monday is here and Kohl’s shoppers can find sales on tech, furniture, kitchen products and more. As an associate SEO reporter for NBC Select, I’ve been covering sale events, including ...
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 ...
Shares of Kohl’s Corp. were tumbling toward a more than four-year low in early Tuesday trading, after the department-store chain reported quarterly results that missed expectations across the ...
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 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.