Kohl’s Shares Sink After Quarterly Earnings Miss

Reuters, New York Post: Business
Tue, 11/19/2019 - 8:40am

Kohl’s cut its annual profit outlook on Tuesday ahead of the all-important holiday season, after the department store operator’s quarterly comparable sales and earnings missed analysts’ estimates, sending its shares down 12%. The company’s results come at a time when US department stores are struggling with changing consumer preferences and a shift to online shopping,...

Topics: kohl shares quarterly earnings department

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Kohl’s Shares Sink After Quarterly Earnings Miss

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