Kohl’s annual forecasts in spotlight after leadership turmoil, tariff uncertainty
From Yahoo Finance: 2025-05-28 09:01:00
Kohl’s may scrap annual forecasts due to challenges and CEO dismissal, amid pressure from tariffs. Larger rivals like Macy’s are also affected by trade policies and consumer spending habits. Interim CEO Michael Bender faces pressure to stabilize sales and profit margins. Despite a trade war truce, consumer confidence is still impacted by worries over tariffs. Kohl’s first-quarter forecasts predict a decline in sales and a loss per share. Investors anticipate a 5% drop in same-store sales and a loss of 26 cents per share.
Read more at Yahoo Finance: Kohl’s annual forecasts in spotlight after leadership turmoil, tariff uncertainty