All Change At Kohl's As Retailer Confirms Weak Third Quarter
Kohl’s(KSS) Forbes·2024-11-27 10:26
Kohl's reported an 11th straight quarterly fall in comparable sales. (Photo by Scott Olson/Getty ... [+] Images)Getty ImagesKohl’s Corp. has reported another disappointing earnings and revenue, and has confirmed a change at the helm. After posting its 11th consecutive quarter of comparable sales decline for the third quarter, Kohl’s also lowered its full-year sales outlook.In the earnings statement outgoing CEO Tom Kingsbury, who will be replaced at the top by Ashley Buchanan - currently the CEO of Michaels ...