Kohl's Stock News

A Kohl's executive recently said fine jewelry “just seems to be something that continues to trend incredibly well with our customers.”

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)--Kohl's today announced that Ryan M. Waymire has been named Chief Merchandising Officer, reporting to CEO Michael J. Bender, effective September 28.

Kohl's sales continue to slip as its shoppers continue to face household budgetary pressures. The department store chain reported quarterly earnings Wednesday (Aug. 26) showing a 0.9% decrease in both net and comparable sales, marking the 18th straight quarter in which Kohl's has seen revenues decline.

Kohl's Corporation (NYSE:KSS) raised its full-year profit forecast on Wednesday after second-quarter earnings crushed Wall Street estimates, helped by roughly $150 million in tariff refunds and a sharp jump in gross margin. The retailer posted adjusted earnings of $1.28 per share, more than double the 57-cent estimate analysts had projected, while revenue of $3.515 billion also topped forecasts...

Kohl's recorded lower profit and sales in the second quarter, but raised its outlook thanks to a boost from tariff refunds.

Kohl's hikes it fiscal-year outlook as its CEO touts the company's ‘ongoing progress against our initiatives.'

Kohl's missed Wall Street estimates for ​second-quarter sales on Wednesday, as cautious consumer ‌spending on discretionary items offset gains from the high-end department chain's turnaround push, sending its shares down about 5% ​before the bell.