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Tag: Comparable Sales

Mastering declines in sales with a strategic strategy…

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Mastering declines in sales with a strategic strategy…

Net sales: 8.8% decline in third quarter; down 6.1% since the beginning of the year. Comparable sales: Decrease of 9.3% in the third quarter; down 6.4% since the beginning of the year. Gross margin: 39.1% in the third quarter, up 20 basis points year over year. SG&A costs: Declined 5.1% to $1.3 billion in the […]

Kohl’s shares are slipping as they missed third-quarter profit and sales and lowered their outlook

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Kohl’s shares are slipping as they missed third-quarter profit and sales and lowered their outlook

Kohl’s Corporation KSS shares fell as much as 18.5% in the pre-marketing session as the company reported dismal third-quarter fiscal 2024 results and lowered its full-year outlook. The company’s revenue and earnings declined year-over-year and missed the Zacks Consensus Estimate. Kohl’s reported a profit of 20 cents per share, compared with a profit of 53 […]