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Kohl's Corp Posts Q3 EPS Of $0.78
Kohls Corp Says Sona Chawla, President, Notified The Company Of Her Intent To Step Down Effective As Of October 18
Kohls Says Sona Chawla To Step Down As President In October
Kohl's Corporation (Kohl's) is an operator of department stores. The Company operates approximately 1,154 Kohl's department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company's stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products. The Company's Website includes merchandise that is available in its stores, as well as merchandise that is available only online. The Company's merchandise mix includes both national brands and private brands that are available only at Kohl's. The Company's private brands include Apt. 9, Croft & Barrow, Jumping Beans, SO and Sonoma Goods for Life. The Company's exclusive brands include Food Network, Jennifer Lopez, Marc Anthony, Rock & Republic and Simply Vera Vera Wang.
Retail (Department & Discount)
N56W17000 Ridgewood Dr
Michelle D. Gass
Chief Executive Officer, Director
Chief Financial Officer
Senior Executive Vice President, Chief Marketing Officer
Senior Vice President, Chief Technology Officer
Douglas M. Howe
Chief Merchandising Officer
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Retail heavyweights Kohl's Corp and Home Depot Inc sent a shiver through Wall Street on Tuesday, lodging weak results and annual forecasts that cast more doubt on the health of the U.S. consumer ahead of the crucial holiday shopping season.
Wall Street's main stock indexes opened at record highs on Tuesday on continued optimism that the United States and China would put an end to their damaging trade war, despite a slide in retail stocks after dour forecasts from Home Depot and Kohl's.
Kohl's Corp cut its annual profit forecast on Tuesday after the department store operator fell short of quarterly comparable sales and earnings estimates, offering no sign that a much-hyped partnership with Amazon was bearing fruit.
Department store operator Kohl's Corp cut its annual profit expectations on Tuesday ahead of the all-important holiday shopping season, and missed same-store sales estimates for the third quarter, sending its shares down nearly 10%.
Kohl's Corp <KSS.N> forecast a steeper decline in full-year profit margin despite better-than-expected quarterly earnings, because of the cost of more aggressive promotions in the first half and potential hit from new tariffs on imports from China.
Kohl's Corp reported a bigger-than-expected drop in quarterly same-store sales on Tuesday as the department store chain struggled to draw in customers even as it invested heavily in brand partnerships, including one with Amazon.com Inc.
Kohl's Corp cut its full-year profit forecast and reported lower-than-expected quarterly results as the department store chain sold fewer full-price spring apparel and saw weak demand for home goods, sending its shares down as much as 14%.
Kohl's Corp missed Wall Street estimates for quarterly same-store sales on Tuesday for the first time in two years, sending shares of the department store operator down over 10%.
U.S. department store operator Kohl's Corp has approached At Home Group Inc to express interest in acquiring the U.S. home decor retail chain, people familiar with the matter said on Wednesday.
Kohl's Corp said on Tuesday items bought on Amazon.com Inc can now be returned at all its U.S. stores starting July, deepening its partnership with the e-commerce giant and sending its shares up as much as 9 percent.
Kohl's Corp forecast full-year profit above Wall Street estimates on Tuesday, as partnerships with Amazon and a range of new brands attract more shoppers.
* U.S. new home sales at 7-month high; services sector picks up
Department store chain Kohl's Corp beat Wall Street forecasts for fourth-quarter same-store sales on Tuesday, as attractive promotions and new merchandise helped draw more shoppers during the holiday season.
Target Corp <TGT.N> said on Thursday comparable sales grew 5.7 percent during November and December, helped by higher customer visits and strong online sales during the holiday season.
Kohl's Corp <KSS.N> shares slumped as much as 12 percent on Tuesday after the department store operator forecast full-year earnings largely below estimates, blaming rising shipping costs and higher discounts during the holiday season.
Department store operator Kohl's Corp reported better-than-expected quarterly same-store sales on Tuesday, benefiting from its revamped stores and merchandise as well as its partnerships with Amazon.com and Under Armour.
Kohl's Corp <KSS.N> on Tuesday posted quarterly earnings and same-store sales above analysts' estimates as it sold more apparel at full price, although the department store chain's tepid profit forecast sent its shares down more than 4 percent.
Kohl's Corp reported a bigger-than-expected rise in quarterly same-store sales on Tuesday, as the department store chain sold more products at full price, helping boost margins.
Kohl's Corp <KSS.N> topped Wall Street forecasts for first-quarter profit and revenue on Tuesday but warned that same-store sales growth would slow in the second half of the year, sending the U.S. department store chain's shares down 6 percent.
* SEES FY 2018 EARNINGS PER SHARE $4.86 TO $5.31 INCLUDING ITEMS
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.