Kohl's retained its annual forecasts after reporting better-than-expected results for the first quarter on Thursday, as the U.S. department store chain bets on its turnaround efforts against the background of tariff-induced choppy demand.
MENOMONEE FALLS, Wis.--(BUSINESS WIRE)--Kohl's Corporation (NYSE:KSS) today reported results for the first quarter ended May 3, 2025. Net sales decreased 4.1% and comparable sales decreased 3.9% Gross margin increased 37 basis points Diluted loss per share of ($0.13) Affirms full year 2025 financial outlook Michael Bender, Kohl's Interim Chief Executive Officer, said, “I am honored to assume th...
Kohl's could scrap its annual forecasts on Thursday when the U.S. department store chain reports quarterly earnings, analysts said, as the abrupt ouster of its top boss adds to its challenges against the backdrop of pressure from tariffs.
NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Kohl's Corporation (NYSE:KSS) and Cleveland-Cliffs Inc. (NYSE:CLF). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional infor...
Shares of discount retailer Kohl's (KSS 3.64%) rallied 24.7% this week through Thursday trading, according to data from S&P Global Market Intelligence.
MENOMONEE FALLS, Wis.--(BUSINESS WIRE)--Kohl's Corporation (NYSE: KSS) (“Kohl's”) announced today the pricing of its previously announced private offering (the “Offering”) of $360 million aggregate principal amount of 10.000% senior secured notes due 2030 (the “Notes”). The Notes will be guaranteed by Kohl's subsidiaries. Certain guarantees will be secured by, among other collateral, 11 distrib...
Albeit still weak, Kohl's Corporation reported surprisingly resistant preliminary Q1 results in a weak consumer environment. Kohl's long-term outlook is still burdened by a secular decline in department store traffic. The company's omnichannel transition hasn't been successful. Kohl's assortments include weak brands. The firing of Kohl's new CEO after less than four months adds to operational u...
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