by Mike Duff | Nov 21, 2023 | Retail Articles
Home outperformed Kohl’s overall business in the third quarter when earnings beat a Wall Street estimate but revenues fell short. The ongoing expansion of the home business is one of several initiatives, including the growth of the Sephora business, that Kohl’s is...
by Mike Duff | Aug 23, 2023 | Retail Articles
Despite lower earnings and comparable sales, Kohl’s beat Wall Street estimates for the second quarter, and the company looks forward to growth with home goods as an important contributor. Net income was $58 million, or 52 cents per diluted share, versus $143 million,...
by Mike Duff | May 24, 2023 | Featured News, Retail Articles
Kohl’s Corp., in posting a profit that surprised Wall Street, asserted its turnaround gained traction in the first quarter. Plans to sustain momentum include putting more emphasis on core home categories and such less central but related categories as outdoor, pets...
by Chandler Harvey | May 2, 2023 | Featured News, Retail Articles
Kohl’s is taking a new path under recently appointed CEO Tom Kingsbury. Where it may lead still isn’t fully clear, but home goods are part of the prospects that could be an advantage for the retailer in the immediate future. With Bed Bath & Beyond...
by Mike Duff | Mar 1, 2023 | Retail Articles
Kohl’s posted a fourth-quarter loss that took Wall Street by surprise. Net loss was $273 million, or $2.49 per diluted share, versus net income of $299 million, or $2.20 per diluted share, in the year-earlier period, the company reported. An analyst consensus estimate...
