Reported 1 day ago
Amid leadership turmoil following the dismissal of CEO Ashley Buchanan, Kohl's is expected to withdraw its annual forecasts during its quarterly earnings report. The company faces challenges from increasing tariffs and fluctuating consumer spending, which have led larger competitors like Macy's to lower expectations. Investors are keen to hear from interim CEO Michael Bender about future strategies to stabilize sales and profit margins, as uncertainty continues to cloud the retail landscape.
Source: YAHOO