Kohl's Q3 Misses The Mark: Weak Sales And CEO Shake-Up Send Shares Down

By Yahoo! Finance   |   1 year ago
Kohl's Q3 Misses The Mark: Weak Sales And CEO Shake-Up Send Shares Down

Kohl's reported a decline in net sales and comparable sales for the quarter, along with lower operating income and EPS. The company announced a dividend, CEO succession plan, and revised outlook for FY24, citing challenges in apparel and footwear sales but growth in other areas like Sephora and home decor.

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