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Kohl’s shares tanked more than 20% as the retailer reported plummeting sales and its chief executive abruptly quit — just days before the crucial Black Friday kickoff to the holiday season.
Kohl's also expects comparable sales to fall between 6% and 7% for 2024, from a 3% to 5% decline previously forecast. The Bloomberg consensus estimate for comp sales is -4.45%. Operating margin is ...
Kohl’s expects an FY25 operating margin of 2.2% – 2.6% and capital expenditures of about $400 million – $425 million. Price Action : KSS shares trading lower by 16.2% at $10.10 in premarket ...
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