Kohl's Expects Long Turnaround As Shoppers Are ‘Pretty Constrained'
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Kohl's is facing a challenging period as it embarks on a long-term turnaround plan under its new CEO. The company forecasts a 5% to 7% revenue drop for 2025, with a 6.5% decline in comparable sales for the recent quarter.
March 11, 2025 | 5:30 pm
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Kohl's is projecting a 5% to 7% revenue decline for 2025, with a 6.5% drop in comparable sales for the recent quarter, indicating a challenging period ahead as the new CEO implements a turnaround strategy.
The news highlights a significant revenue decline forecast and a drop in comparable sales, suggesting financial challenges. This is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100