Reported 1 day ago
Kohl's shares experienced a notable increase in premarket trading after the retailer reported first-quarter results that exceeded analysts' expectations. The company posted a loss of $0.13 per share on sales of $3.23 billion, better than the forecasted loss of $0.28 per share. This announcement follows the recent dismissal of CEO Ashley Buchanan and comes as the firm confirmed its full-year sales outlook, despite challenges in comparable store sales.
Source: YAHOO