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MarketBeat
MarketBeat
Jea Yu

Kohl’s Posts Another Kitchen Sink Quarter, But New CEO Has a Plan

Department store operator Kohl’s Co. (NYSE: KSS) shares sank to all-time lows following its fiscal fourth quarter of 2025 earnings report. While the company posted a commendable earnings-per-share (EPS) beat, the forward guidance was gloomy.

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Furthermore, the new CEO Ashley Buchanon, who took the helm on Jan. 15, 2025, formerly the CEO of The Michaels Co., didn’t mince words or prop up hopes of an immediate turnaround. Instead, he made it a point to ground expectations, emphasizing any turnaround would take time. Additionally, Kohl’s cut 10% of its corporate workforce, shuttered 27 stores in January and trimmed its dividend by 75%.

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