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Kohl's CEO to depart

Milwaukee Journal Sentinel · 2h

How activist investor fights, poor sales led Kohl's Corp. to its third CEO in four years

Buchanan led The Michaels Companies as CEO since 2020. In 2021, he helped make a deal with Apollo Global Management to take the company private.

Kohl's CEO to depart after less than two years at the helm

Kohl's CEO Tom Kingsbury will step down after less than two years at the helm, paving the way for former Walmart executive Ashley Buchanan to take on the role as the department store chain looks to execute a turnaround.

Investopedia on MSN · 1d

Kohl's Stock Tumbles After Weak Results, CEO Departure News

KEY TAKEAWAYS Kohl's stock is plummeting 17% in premarket trading after it reported weaker-than-expected third-quarter earnings Tuesday, the day after it announced that CEO Tom Kingsbury would stepping down after less than two years running the struggling retailer.

Milwaukee Journal Sentinel · 1d

Kohl's Corp. reports 8.8% sales decrease. CEO Kingsbury to depart in January.

Kohl's expects sales to be down 7-8% for the year, which is the third quarter in a row the company has changed its expectation of its performance.

1don MSN

Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan

Kohl's is getting a new CEO, its third since 2018. The off-mall department store's current CEO Tom Kingsbury is stepping down ...

7h

All Change At Kohl’s As Retailer Confirms Weak Third Quarter

Kohl’s Corp. has reported yet another disappointing earnings and revenue quarter, and has confirmed a change at the helm, ...

1don MSN

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 ...

4h

Kohl's vows 'aggressive action' to reverse sliding sales following a 'frankly disappointing' quarter

The CEO of Kohl's said the retailer was not satisfied its performance this year and was taking "aggressive action" to reverse ...

1d

Tom Kingsbury steps down early as Kohl's CEO

He replaces Tom Kingsbury, whose initial contract to lead the department store chain was set to expire in early 2025.

1don 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.

Fox Business on MSN1d

Kohl's shares tumble on earnings miss, CEO to step down in January

Kohl's shares fell sharply on Tuesday after the company's earnings missed Wall Street estimates and following its ...

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 ...

20h

Here's what Kohl's is focusing on after after poor third quarter

Sephora has been a hit for Kohl's — but at what cost? Here's the products the company is bringing back as it fights for ...

Kohl’s Shares Plunge 17 Percent as CEO to Exit and Q3 Results, Holiday Outlook Disappoint

Kohl’s Corporation’s outgoing CEO Tom Kingsbury said in a Tuesday media release that third quarter results did not meet ...

21h

Kohl’s Surprise CEO Departure Highlights Holiday Shopping Season Challenges

Photo: Kohl’s surprise CEO departure announcement a day before its quarterly results will play on the minds of investors, ...

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