Tag: Kohls
Market: Kohl’s warns of lower-than-expected profit for 2024
(Reuters) – Department store chain Kohl’s said on Tuesday it forecast annual sales and profit well below market expectations, joining warnings from other department store chains such as Macy’s and…
Kohl’s soars on Wall Street after unexpected profit
By Jean-Noel Legalland Published on 05/24/2023 at 1:56 p.m. Photo credit © ENG Pictures (Boursier.com) — Kohl’s, the…
Kohl’s posts surprise Q1 profit
Published on 05/24/2023 at 3:20 p.m. May 24 (Reuters) – Kohl’s reported a surprise first-quarter profit on Wednesday as the department store chain…
Market: Kohl’s revises its annual forecast downwards, inflation weighs on demand
(Reuters) – U.S. department store chain Kohl’s on Thursday lowered its forecast for the full year, hurt by deeper discounts and higher costs, amid falling demand for clothes and shoes…
Kohl’s lowers its annual forecast, inflation weighs on demand
Aug 18 (Reuters) – U.S. department store chain Kohl’s on Thursday lowered its forecast for the full year, hurt by deeper discounts and higher costs, amid falling demand of clothes…
Starboard cuts its stake in Kohl’s after seeking to buy it in January
Starboard sold 2.8 million shares during the quarter, leaving it with 535,029 shares on June 30. Starboard first invested in Kohl’s in the first quarter of 2022 and the firm…
Kohl’s is diving! Franchise does not pay
By Jean-Noel Legalland Published on 07/01/2022 at 2:22 p.m. Photo credit © Reuters …
Kohl’s: no merger with Franchise Group – 07/01/2022 at 14:52
(AOF) – Negotiations on the takeover of the distributor Kohl’s by Franchise Group have ended. Franchise Group had offered a buyout worth $60 per share, subject to due diligence. Kohl’s…
Kohl’s: exclusive negotiations started with Franchise Group – 06/07/2022 at 14:39
(AOF) – Kohl’s jumped 10% in pre-opening of Wall Street. The department store brand has entered into exclusive negotiations with Franchise Group for a possible takeover for $60 per share.…
Kohl’s would pause its sale
By Jean-Noel Legalland Published on 06/03/2022 at 2:11 p.m. Photo credit © Reuters …
Kohl’s: takeover offers on the table?
Kohl’s climbs more than 3% in pre-opening on Wall Street. The department store group has reportedly received takeover offers from Sycamore Partners and Franchise Group, according to information reported Thursday…
Tesla monitors its employees, Microsoft alerts, Kohl’s on sale: Planet Stock Exchange of Friday June 3, 2022
Journalist specializing in economics and finance 282 …