Kohl’s FY net income jumps despite Q4 sales dip
Kohl’s posted fourth quarter (Q4) net income of $125m, compared to net income of $48m and adjusted net income of…
Kohl's Corporation
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Kohl’s raises FY25 financial forecast, names Michael Bender as CEO
The company now forecasts a net sales decrease between 3.5% and 4% for the fiscal year, an improvement from previous…
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Cost control benefits Kohl’s Q1 bottom line
Kohl’s reported net sales in Q1 of $3bn compared with $3.2bn a year earlier. Gross margin as a percentage of net…
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Kohl’s unveils plan to tackle debt, fortify finances under new CEO
Kohl's has announced it is raising approximately $360m in aggregate principal amount through senior secured notes due 2030 to repay…
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Kohl’s sees soft sales in apparel and footwear, announces CEO transition
Kohl's saw strong performance in key growth areas such as Sephora, home decor, gifting, and impulse. The third quarter results…
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Levi Strauss & Co names new CEO as Chip Bergh to retire in 2024
A transition period will see Gass begin her role as CEO on 29 January before Bergh officially departs the company…
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Kohl’s prioritises strategic growth as Q3 2023 profits slide
Kohl's net sales decreased 5.2% year-over-year from $4.05bn to $3.84bn with comparable sales down 5.5% in Q3. Operating income was $157m…
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Franchise Group is not ‘perfect fit’ for Kohl’s, says expert
Kohl’s Corporation announced on 6 June that its board of directors has entered into exclusive three-week negotiations with the holding…
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Kohl’s eyes $500m sales opportunity through smaller format stores
Kohl’s says it is deeply committed to its retail footprint and is evolving its real estate approach to match the…
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ANALYSIS: JCPenney owner’s bid for Kohl’s could be a risky move
According to the New York Post, the owners of US department store chain, JCPenney, have made an offer to acquire…
