BUZZ-Kohl's sinks to near three-decade low after forecasting bigger-than-expected drop in 2025 sales

Reuters

Mar 11, 2025

Updates

** Shares of U.S. department store chain Kohl's KSS.N fall as much as 17.1% to a more than 28-year low of $9.99 in early market trade

** Company forecasts a bigger-than-anticipated drop in annual sales and expects profit below Wall Street estimates as it grapples with uneven demand amid its turnaround efforts

** Co also reports bigger-than-expected fall in fourth-quarter same-store sales, marking its 12th consecutive quarter of decline, while adjusted EPS beat estimates

** Larger peer Macy's M.N and big-box retailers such as Walmart WMT.N and Target TGT.N have also provided cautious forecasts due to inflation risks and the impact of President Donald Trump's tariffs

** KSS fell 51% in 2024, and down 14.2% YTD as of last close

(Reporting by Padmanabhan Ananthan and Neil J Kanatt)

((Padmanabhan.Ananthan@thomsonreuters.com))

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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Kohl's sinks to near three-decade low after forecasting bigger-than-expected drop in 2025 sales\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2025-03-11 22:00\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Kohl's sinks to near three-decade low after forecasting bigger-than-expected drop in 2025 sales</title></head><body>Updates** Shares of U.S. department store chain Kohl's KSS.N fall as much as 17.1% to a more than 28-year low of $9.99 in early market trade** Company forecasts a bigger-than-anticipated drop in annual sales and expects profit below Wall Street estimates as it grapples with uneven demand amid its turnaround efforts** Co also reports bigger-than-expected fall in fourth-quarter same-store sales, marking its 12th consecutive quarter of decline, while adjusted EPS beat estimates\n ** Larger peer Macy's M.N and big-box retailers such as Walmart WMT.N and Target TGT.N have also provided cautious forecasts due to inflation risks and the impact of President Donald Trump's tariffs** KSS fell 51% in 2024, and down 14.2% YTD as of last close (Reporting by Padmanabhan Ananthan and Neil J Kanatt) 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KSS.N fall as much as 17.1% to a more than 28-year low of $9.99 in early market trade** Company forecasts a bigger-than-anticipated drop in annual sales and expects profit below Wall Street estimates as it grapples with uneven demand amid its turnaround efforts** Co also reports bigger-than-expected fall in fourth-quarter same-store sales, marking its 12th consecutive quarter of decline, while adjusted EPS beat estimates","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"TGT":"塔吉特","KSS":"柯尔百货"},"translate_title":"BUZZ-Kohl's预测2025年销售额降幅超出预期，跌至近三十年低点","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KSS":0.9,"TGT":0.9},"content_text":"BUZZ-Kohl's sinks to near three-decade low after forecasting bigger-than-expected drop in 2025 salesUpdates** Shares of U.S. department store chain Kohl's KSS.N fall as much as 17.1% to a more than 28-year low of $9.99 in early market trade** Company forecasts a bigger-than-anticipated drop in annual sales and expects profit below Wall Street estimates as it grapples with uneven demand amid its turnaround efforts** Co also reports bigger-than-expected fall in fourth-quarter same-store sales, marking its 12th consecutive quarter of decline, while adjusted EPS beat estimates\n ** Larger peer Macy's M.N and big-box retailers such as Walmart WMT.N and Target TGT.N have also provided cautious forecasts due to inflation risks and the impact of President Donald Trump's tariffs** KSS fell 51% in 2024, and down 14.2% YTD as of last close (Reporting by Padmanabhan Ananthan and Neil J Kanatt) ((Padmanabhan.Ananthan@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}