Wall Street analysts expect Kohl's (KSS) to post quarterly earnings of $0.72 per share in its upcoming report, which indicates a year-over-year decline of 56.9%. Revenues are expected to be $5.35 billion, down 10.2% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 52.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. ...

Kohl's Corporation (KSS) is likely to register declines in the top and bottom lines when it reports fourth-quarter fiscal 2024 earnings on March 11. The Zacks Consensus Estimate for quarterly earnings has moved down a couple of cents in the past 30 days to 73 cents per share, indicating a decrease of 56.3% from the year-ago quarter’s reported figure. The consensus mark for fiscal 2024 earnings is pegged at $1.30 per share, reflecting a decline of 54.4% from the prior-year reported figure. KSS has a trailing ...

The market expects Kohl's (KSS) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended January 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Mar ...

Group 1 - Kohl's has faced challenges in recent quarters, with a notable acceleration in the decline of comparable store sales [2] - Changes made to attract new customers have inadvertently alienated some existing customers [2] - The company is under scrutiny as it navigates these customer dynamics and sales performance issues [2] Group 2 - The article mentions the author's long position in Kohl's shares, indicating a personal investment interest [2] - The author has a background in analytical experience and has co-founded a mobile gaming company, showcasing a diverse skill set [2]

Core Viewpoint - Kohl's is undergoing leadership changes with the appointment of Ashley Buchanan as the new CEO, aiming to restore customer satisfaction and improve sales after a significant decline under the previous management [1][4]. Group 1: Leadership Transition - Ashley Buchanan, former CEO of Michaels Companies, has been appointed as the new CEO of Kohl's, succeeding Tom Kingsbury who stepped down [1]. - The leadership change comes as customers express hope that Buchanan can reverse unpopular decisions made by Kingsbury that led to a drop in sales [1]. Group 2: Customer Sentiment - Longtime shoppers are dissatisfied with the reduction of private-label brands, petite clothing sizes, and fine jewelry in favor of Sephora cosmetics and Babies R Us shops [2]. - Customers have voiced their desire for Kohl's to return to its previous offerings, with one shopper stating that the presence of brands like Nike and Eddie Bauer is unnecessary as they are widely available elsewhere [2][3]. Group 3: Sales Performance - Kohl's reported a 9.3% drop in comparable sales, prompting the company to announce a renewed focus on increasing private-label inventory [3]. - The previous CEO acknowledged that the lack of appropriate private brands negatively impacted the company's ability to serve its customers effectively [4]. Group 4: Market Strategy - The renewed emphasis on private labels aligns Kohl's with other retailers adjusting their strategies to attract consumers who are financially strained, as 83% of consumers express concern about current and future economic conditions [5].

Kohl's plans to close 27 underperforming stores by April.The retailer operates more than 1,150 locations across the US.Here's the full list of locations that will shutter in the coming months.Kohl's has announced the closure of more than two dozen stores it deemed underperforming. The Wisconsin-based retailer has struggled in recent quarters with "frankly disappointing" sales, in the words of then-CEO Tom Kingsbury last quarter. Kingsbury stepped down from the job on January 15.The 27 locations spread acros ...

Twenty-seven "underperforming" Kohl’s stores are set to shutter this spring. The locations, named late last week by Kohl’s, will permanently close their doors by April, according to the Wisconsin-based retailer."While Kohl’s continues to believe in the health and strength of its profitable store base, these specific locations were underperforming stores," Kohl’s said.  The stores that Kohl’s has chosen to shutter are located in 15 states. In total, the retailer currently operates over 1,150 locations in the ...

Kohl's Corporation (KSS) has announced plans to close its San Bernardino E-commerce Fulfillment Center and 27 underperforming stores in 2025. The decision reflects the retailer's efforts to streamline operations as it faces ongoing challenges in the competitive retail landscape.The San Bernardino facility, operational since 2010, will close when its lease expires in May, marking a shift in Kohl's fulfillment strategy. With improvements in technology and the ability to fulfill orders from store locations, Ko ...

Company Overview - Kohl's will permanently close 27 "underperforming" locations across 14 states, including 10 in California, as part of emergency measures to avoid bankruptcy [1][4] - The closures are expected to be completed by April [1] Financial Performance - Kohl's has reported a decline in sales for 11 consecutive quarters, with a same-store sales decline of 9.3% in the third quarter [5] - The company has lowered its annual sales forecast, now expecting a full-year net sales decline between 7% and 8%, compared to a previous forecast of 4% to 6% [6] - Customer visits to Kohl's decreased by 6.2% on average in the third quarter, worsening from a 3.4% decline in the previous two months [6] Leadership Changes - Outgoing CEO Tom Kingsbury emphasized the seriousness of the closure decisions as part of a long-term growth strategy [3] - Ashley Buchanan, a former Walmart executive, is set to take over as CEO following Kingsbury's departure [8] Industry Context - Kohl's struggles reflect broader challenges faced by department stores, including the rise of e-commerce and changing consumer preferences, particularly among Gen Z [10] - Other department stores, such as Macy's, have also announced significant store closures, indicating a trend within the industry [9]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $.01 par value KSS New York Stock Exchange FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 2, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition period from ________ to _________ Commissi ...