01:37 pm
26 February 2025

Kohl’s Reports Drop in Earnings

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Kohl’s Reports Drop in Earnings

  Wisconsin-based Kohl’s is reporting a drop in earnings. 

Today’s fourth quarter 2022 financial report shows a net sales decrease of seven-point-two percent year-over-year and a diluted loss per share of nearly two dollars and 50 cents.  Kohl’s CEO Tom Kingsbury says the company has taken meaningful and proactive measures to better position itself and is confident those efforts will drive better sales earnings in the future.

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