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Kohl’s Corporation (NYSE: KSS) has reported mixed results for the second quarter and updated its full-year guidance. Earnings beat estimates by a wide margin, driving the stock higher soon after the announcement. The retailer’s sales have been under pressure for quite some time, due to a mix of headwinds, including reduced discretionary spending and increasing … Read more
A sign is displayed above a Kohl’s store in Chicago on March 1, 2023. Scott Olson | Getty Images Kohl’s shares climbed more than 15% 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. The Wisconsin-based department store narrowed … Read more
Department store chain Kohl’s Corporation (NYSE: KSS) reported a sharp fall in net income for the fourth quarter of 2024, hurt by a decrease in sales. Net sales declined 9.4% year-over-year to $5.18 billion in the final three months of fiscal 2024. Comparable store sales dropped 6.7% in the fourth quarter. Net income for the … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4