So it was refreshing when departing Kohl’s CEO Tom Kingsbury last week recognized that some of his moves, such as carrying ...

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However, gross margin as a percentage of net sales saw a slight increase of 42 basis points to 39.4%. Kohl’s chief executive officer Tom Kingsbury said: “Our third quarter results did not meet our ...

Kohl's continues to fight an uphill battle after sales tumbled following missed opportunities, a decline in footfall, and an overreliance on its partnership with Sephora. Comparable sales at the ...

In the earnings statement outgoing CEO Tom Kingsbury, who will be replaced at the top by Ashley Buchanan - currently the CEO of Michaels Cos. - in the new year, said that sales had continued to be ...

Kohl’s has named Ashley Buchanan, CEO of Michaels, as its new CEO, effective Jan. 15, 2025. Current Kohl’s CEO Tom Kingsbury will be stepping down on that date but will remain as an advisor and board ...

Kohl's shares fell sharply on Tuesday after the company's earnings missed Wall Street estimates and following its announcement that CEO Tom Kingsbury will step down in January. The weak forecast ...

“We are not satisfied with our performance in 2024 and are taking aggressive action to reverse the sales declines," Kohl's CEO Tom Kingsbury said in a statement. "We must execute at a higher ...

Kohl's CEO Tom Kingsbury said the quarterly results were “frankly disappointing.” “Sales have been a challenge for us throughout 2024, and weakened further in Q3,” Kingsbury said to ...

Nisha Gopalan is the Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.

Kohl's CEO Tom Kingsbury will step down after less than two years. Ashley Buchanan, former Walmart executive, will succeed Kingsbury as CEO. Kohl's shares fell nearly 5% amid ongoing financial ...

The firm's analysis follows the announcement that Kohl's CEO Tom Kingsbury is set to retire in 2025. Despite the CEO's two-year employment agreement initiated early in 2023, the retirement news ...