Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 2, 2019, it operated 1,159 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers. Kohl's Corporation was founded in 1962 and is headquartered in Menomonee Falls, Wisconsin.
Kohl's Corporation NYSE:KSS
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As Coronavirus continues to hit business operations across the globe, Kohl’s (NYSE:KSS) withdrew its financial guidance for earnings in the current quarter on Thursday. The American department store retail chain also canceled its earnings outlook for the fiscal year. Kohl’s announcement on Thursday also said that the retailer is to close all of its nationwide stores effective immediately until April 1st to contribute to minimizing the fast transm...
Kohl’s revealed its fourth-quarter performance results on Tuesday that beat analysts’ estimates for sales and earnings. Kohl was reported trading 4% higher in the stock market on Tuesday following the report. CEO Michelle Gass commented on the earnings report on Tuesday and highlighted that online and traditional traffic to Kohl’s stores saw a massive improvement in the recent quarter. She attributed the better than expected res...
In recent news, Kohl’s has joined the list of American department stores to have posted lower than expected sales in 2019’s holiday season. As per an official announcement, the company saw a sales decline of 0.2% in the past two months. The company cited falling demand for its core business unit of women’s apparel. Following the drop in sales, Kohl’s reduced its forecast for the full-year. Kohl’s had previously antic...
The U.S department store chains haven’t had a fine holiday season in 2019. In recent news, J.C Penney announced that it failed to avoid the declining sales trend during the holiday season as well. Despite a sharp drop in sales, however, the department store stood its ground regarding its yearly financial outlook. In the past two months which ended on January 4th, Penney declared its same-store sales to have seen a drop of 7.5%. Following th...
The American department store retail chain, Kohl’s, announced its earnings report for the third quarter on Tuesday. Having missed the sales and earnings target for Q3, the share prices were reported to have dropped by 16%. Officials from Kohl’s have highlighted the rising competition and the delay in the fall season to be the reasons why the retailer failed to hit the earnings and sales targets. It was further added that women’s...
|Exchange||New York Stock Exchange|
|Full time employees||122,000|