https://wiki.timero.com.br/api.php?action=feedcontributions&feedformat=atom&user=RodgerM64821390 2026-08-02T16:20:32Z User contributions MediaWiki 1.39.4 https://wiki.timero.com.br/index.php?title=Kohl_s_Sticks_To_Annual_Targets_Amid_Tariffs_Turbulence_At_Top&diff=50336 2025-07-09T23:43:35Z

<p>RodgerM64821390: </p> <hr /> <div>&lt;br&gt;Shares jump 15%&lt;br&gt;&lt;br&gt;&lt;br&gt;&lt;br&gt;Analysts welcome forecast retention&lt;br&gt;&lt;br&gt;&lt;br&gt;&lt;br&gt;Interim CEO says will stick to former chief's turnaround plan&lt;br&gt;&lt;br&gt;(Adds comments from conference call throughout, adds analyst comment in paragraph 5, updates shares)&lt;br&gt;&lt;br&gt;By Juveria Tabassum&lt;br&gt;&lt;br&gt;May 29 (Reuters) - Kohl's retained its [https://www.b2bmarketing.net/en-gb/search/site/annual%20targets annual targets] and reported better-than-expected quarterly results as the U.S. department store chain bets on its turnaround against the backdrop of tariff-induced uncertainty, pushing its shares up 15% on Thursday.&lt;br&gt;&lt;br&gt;The company, which fired its CEO earlier this month for a personal relationship with a vendor, reported a loss per share of 13 cents for the first quarter, compared with estimates of a loss of 26 cents, according to data compiled by LSEG.&lt;br&gt;&lt;br&gt;Kohl's maintained its 2025 sales forecast of a 5% to 7% fall and earnings per share estimates of 10 cents to 60 cents. In contrast, larger rival Macy's cut its annual profit forecast a day earlier but maintained its sales expectation.&lt;br&gt;&lt;br&gt;&quot;We think that within the guidance that we've given, we can manage through the tariff issue,&quot; Kohl's interim chief Michael Bender said on a post-earnings call.&lt;br&gt;&lt;br&gt;Kohl's maintaining forecasts was &quot;an encouraging sign in the current environment,&quot; Telsey Advisory Group analyst Dana Telsey said.&lt;br&gt;&lt;br&gt;Analysts had expected Kohl's to cut or withdraw its forecasts at a time when tariffs have forced several retailers to lower their financial targets.&lt;br&gt;&lt;br&gt;Kohl's, like Macy's, is closing underperforming stores to focus on investing in outlets at prime locations and offering more of its private brands amid intense competition from off-price and [https://acidfiles.com/ scam] online retailers.&lt;br&gt;&lt;br&gt;The company does not expect major shifts away from the turnaround plan laid under former CEO Ashley Buchanan, Bender said.&lt;br&gt;&lt;br&gt;Kohl's partnership with Sephora has remained a bright spot due to resilient demand for higher-end beauty and skincare products. The company is leveraging that association and has completed the rollout of Sephora outlets in nearly all its 1,100 U.S. stores.&lt;br&gt;&lt;br&gt;Kohl's will provide coupons with more brands by mid-August to ensure consumers have more discount options heading into the back-to-school and holiday shopping seasons, CFO Jill Timm said.&lt;br&gt;&lt;br&gt;&quot;Kohl's has a long road to turning the business around but it's gratifying to see that the CEO turmoil didn't drag down this quarter,&quot; said Kim Forest, chief investment officer at Bokeh Capital Partners.&lt;br&gt;&lt;br&gt;The company's net sales for the three months ended May 3 were $3.05 billion, topping estimates of $3.02 billion. (Reporting by Juveria Tabassum in Bengaluru; Editing by Sriraj Kalluvila)&lt;br&gt;&lt;br&gt;</div>

RodgerM64821390 https://wiki.timero.com.br/index.php?title=User:RodgerM64821390&diff=50335 2025-07-09T23:43:25Z

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