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02.12.24 - 13:52
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Guggenheim downgrades Kohl′s to ′neutral′ on traffic, sales slump (Reuters EN)
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BUZZ-Guggenheim downgrades Kohl's to 'neutral' on traffic, sales slump ** Brokerage Guggenheim downgrades rating of Department store Kohl's KSS.N to "neutral" from "buy" ** Brokerage says deterioration in traffic, down 3% in Q3, which was more pronounced during the important back-to-school season ** Also notes step-down in comparable sales and dete...
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26.11.24 - 16:14
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Kohl′s eyes five-year low after forecasting bigger drop in annual sales (Reuters EN)
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BUZZ-Kohl's eyes five-year low after forecasting bigger drop in annual sales Updates ** Department store chain Kohl's KSS.N shares fall as much as 21 % t o n ear five-year low of $1 4.53 ** Stock on track for worst day since May, if losses hold ** Company cut annual sales forecast for third time this year ** Expects full-year net sales to decrease between 7 % a nd 8% vs prior forecast of 4%-6% drop ** Kohl's on Monday said CEO Tom Kingsbury will step down after less than two years at the helm **...
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