Kohl's Corp slashed full-year profit forecast after the department store operator missed Wall Street estimates for quarterly same-store sales and profit on Tuesday, sending its shares down over 10% in early trading.

Topics:  kohl's corp   wall street   quarter   shares   profit forecast   
BING NEWS:
  • United expects stronger quarterly earnings; cuts aircraft delivery estimates
    United Airlines Holdings on Tuesday forecast stronger-than-expected earnings in the current quarter, after reporting a narrower-than-expected loss in the first quarter, on robust demand for travel.
    04/17/2024 - 12:51 am | View Link
  • U.S. Bancorp cuts 2024 interest income forecast, Q1 profit falls 22%
    U.S. Bancorp cut its forecast for full-year interest income on Wednesday and reported a 22% fall in first-quarter profit as higher deposit costs and a larger corpus of rainy-day funds to cover ...
    04/16/2024 - 11:45 pm | View Link
  • News updates from April 15: US retail sales rise more than expected; Yen falls below ¥154 per dollar
    US retail sales were much stronger than expected in March, as consumers kept spending despite uncertainty about the future path of interest rates. Data from the US Census Bureau p ...
    04/14/2024 - 11:57 am | View Link
  • JPMorgan profit rises 6% even as interest income forecast falls short of predictions
    JPMorgan Chase's profit rose 6% in the first quarter, although its shares dropped after the bank's forecast for its income from interest payments came in below analysts' expectations. High borrowing ...
    04/12/2024 - 4:20 am | View Link
  • Oil Extends Gains on Escalation in Middle East Tensions
    Oil prices extended gains on Thursday, after rising a dollar a barrel in the prior session, as investors braced for a worsening of the Middle East crisis, potentially involving Iran, the third-largest ...
    04/10/2024 - 7:08 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News