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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 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.
Kohl’s Stock Plunges 21% After Earnings and Revenue Miss. Apparel Sales Remain ‘Soft.’
Shares of Kohl’s plummeted Tuesday after the retailer missed third-quarter earnings and revenue targets, and slashed its guidance. Adjusted earnings per share were reported at 20 cents, missing the FactSet consensus estimate of 28 cents.
The Motley Fool on MSN
1d
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 ...
Money Morning
1d
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 ...
Business Insider
23h
Kohl’s price target lowered to $17 from $23 at Telsey Advisory
The firm maintains its rating on the
stock
due to visibility challenges to near-term improvement ... Try Now>> See the top stocks recommended by analysts >> Read More on KSS:
Kohl's
NewsMORE ...
2d
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.
20h
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 ...
16h
Kohl’s downgraded to Neutral from Outperform at Baird
Baird downgraded Kohl’s (KSS) to Neutral from Outperform with a price target of $18, down from $25. The firm says ongoing pressure in Kohl’s ...
1d
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.
1d
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.
10d
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 ...
1d
Dow Jones Today: S&P 500 Hits Record High in Late Trading as Stock Market Rally Continues
Stocks were higher Tuesday afternoon as investors digested earnings reports from several retailers and awaited results from ...
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