Kohl’s Sees Turnaround Efforts Starting to Kick In, but Sales Still Declining
Kohl's improved product mix, strategic partnerships, and cost management led to better-than-expected sales and raised full-year profit forecasts despite ongoing sales declines.
9 Articles
9 Articles
Kohl’s tops earnings estimate and raises full year outlook, shares soar
Kohl’s shares are soaring again—and this time it’s not just a meme stock. The department store chain’s shares surged on Wednesday as the company raised its full-year financial outlook and topped expectations despite a sales decline. The company’s shares saw an uptick in mid-July as it caught the attention of the r/wallstreetbets Reddit thread, doubling the stock price and joining the meme stock rally that month. Following Wednesday’s earnings an…
Kohl's posts sales dip, large profit in 2nd quarter
MENOMONEE FALLS, Wis. – One of Wisconsin’s largest clothing retailers recorded a mix bag in the second quarter of the year, according to its interim CEO. Kohl’s announced a $153 million second quarter profit Wednesday despite a more than five percent dip in quarterly sales. Michael Bender says the Menomonee Falls-based retailer’s performance had “exceeded expectations” through the first six months of 2025. “Kohl’s second quarter performance is a…
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