Why Kohl's Stock Was Slipping Today [The Motley Fool]
Kohl's Corporation (KSS)
Last kohl's corporation earnings: 3/3 07:00 am
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corporate.kohls.com/investors
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Source: The Motley Fool
Why Kohl's Stock Was Slipping Today Holiday sales results were disappointing. Shares of Kohl's ( NYSE:KSS ) were sliding today after the department-store chain turned in an underwhelming holiday sales report and tamped down full-year profit expectations. As a result, the stock was down 8.9% as of 12:17 p.m. EST. Comparable sales at the retailer dipped 0.2% in November and December, compared to expectations of 0.4% growth for the full fourth quarter, which includes January. Though Kohl's outperformed department-store peers like Macy's and J.C. Penney , the numbers were disappointing, especially since the company had expanded its Amazon returns program to stores nationwide this summer, which was expected to lift traffic during the key holiday season. Kohl's also said that adjusted earnings per share would come in at the low end of its previous range of $4.75 to $4.95. CEO Michelle Gass noted challenges in women's apparel in the period, saying: "We continue to see momentum in key areas
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News
- Why Kohl's (KSS) is Poised to Beat Earnings Estimates Again [Yahoo! Finance]Yahoo! Finance
- Kohl's Co. (NYSE: KSS) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Kohl's Continues Mental Health Support with $200,000 Donation to the National Alliance on Mental Illness Southeast WisconsinBusiness Wire
- Kohl's Corporation: Core Business Going Strong With Opportunities In Adjacent Categories [Seeking Alpha]Seeking Alpha
- Kohl's Co. (NYSE: KSS) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
KSS
Earnings
- 3/12/24 - Beat
KSS
Sec Filings
- 4/23/24 - Form 4
- 4/5/24 - Form 4
- 4/5/24 - Form 4
- KSS's page on the SEC website