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,...
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...
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...
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...
Kohl’s has named Dave Alves president and COO, reporting to company CEO Tom Kingsbury. Alves will oversee Kohl’s enterprise operations including its nearly 1,200 stores, global supply chain and distribution centers, real estate portfolio, purchasing,...
