News: Kohl's Corp (KSS.N)

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Thu, Nov 13 2014


Weak October hurts retailer Kohl's profit, revenue

- Department store operator Kohl's Corp's quarterly profit and revenue missed estimates as same-store sales dipped below the company's own estimate, in sharp contrast to Wal-Mart Stores Inc, which posted its first rise in U.S. same-store sales in seven quarters.

UPDATE 2-Weak October hurts retailer Kohl's profit, revenue

* Third-qtr same-store sales down 1.8 pct vs forecast of 1.4 pct

Kohl's quarterly profit falls 20 pct on weak demand

Nov 13 - Department store operator Kohl's Corp reported a nearly 20 percent drop in quarterly profit, hurt by a bigger-than-estimated decline in comparable-store sales and increased costs.

Port squeeze threatens U.S. retailers' holiday stocking plans

CHICAGO/LOS ANGELES - A shortage of transportation equipment and possible labor disruptions at ​the Los Angeles/Long Beach port complex, ​the nation's busiest, is delaying shipping containers for up to three weeks, threatening timely delivery to retailers for the holiday season.

Kohl's to hire 34 pct more temp workers this holiday season

Sept 17 - Department store operator Kohl's Corp said it is hiring more than 67,000 workers for the holiday selling season, about 34 percent more than what it recruited last season.

Li & Fung H1 net profit rises 16 pct

HONG KONG, Aug 21 - Hong Kong's Li & Fung Ltd , supplier of goods like clothing and toys to retailers such as Wal-Mart Stores Inc and Kohl's Corp, said first-half net profit rose 16 percent as it shrugged off weak U.S. retail trading.

Department store chain Kohl's sales fall 1.1 pct

Aug 14 - Department store chain Kohl's Corp reported a 1.1 percent decline in quarterly sales, largely due to lower traffic at its stores.

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