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Kohl's CEO Tom Kingsbury to step down
Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan
Kingsbury will remain with Kohl’s in an advisory role to Buchanan and stay on the board until he retires in May.
Ashley Buchanan named the next CEO of Kohl's; Tom Kingsbury to step down
Tom Kingsbury will step down as top boss of Kohl’s Corporation (NYSE:KSS) effective January 15, 2025, the company said in a statement Monday. He will be replaced by Ashley Buchanan as CEO. Buchanan has been the chief executive of Michaels Companies since 2020 and,
Kohl's Corp. reports 8.8% sales decrease. CEO Kingsbury to depart in January.
Kohl's on Tuesday said it expects sales to be down 7% to 8% for the year, which is the third quarter in a row the company has changed its expectations on its performance. The Menomonee Falls-based retailer reported a profit of $22 million for the quarter,
16h
on MSN
Kohl’s shares tank 20% as CEO abruptly quits before crucial Black Friday kickoff
The Wisconsin-based company reported a same-store sales decline of 9.3% – its eleventh same-store sales decline in a row.
BizTimes
3h
Kohl’s struggles through third quarter, looks to refocus on ‘core business’
Menomonee Falls-based Kohl's Corp. had another disappointing quarter with net sales and comparable sales falling 8.8% and 9.3 ...
19h
Sales slide continues at Kohl's, analyst calls results 'abysmal'
CEO Tom Kingsbury said a strong collective performance in growth areas were not enough to offset the company's decline in its ...
19h
Kohl's Q3 Misses The Mark: Weak Sales And CEO Shake-Up Send Shares Down
Kohl's reported Q3 earnings, with net sales down 8.8%, operating income at $98 million, and EPS of $0.20. CEO transition ...
18h
Kohl's shares slump on lowered annual sales forecast as holiday demand wanes
Kohl's on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is ...
5h
Kohl’s downgraded to Reduce at Gordon Haskett on sales worries, CEO exit
As previously reported, Gordon Haskett downgraded Kohl’s (KSS) to Reduce from Hold with a price target of $11, down from $20, citing ...
Yahoo Finance
20h
Kohl's Stock Slips as CEO Being Replaced
Kohl's
shares are falling in premarket trading after the department store chain said that Chief Executive Officer (CEO) ...
1d
on MSN
Kohl’s is bringing aboard a new, digitally-focused CEO. Its shares are falling.
Kohl’s Corp. on Monday said Tom Kingsbury would step down as its chief executive in January and that it would bring aboard a ...
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