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Benzinga
Benzinga
Business
Lekha Gupta

Kohl's Q3 Misses The Mark: Weak Sales And CEO Shake-Up Send Shares Down

Kohl Tom Kingsbury KSS Sephora

Kohl’s Corp (NYSE:KSS) shares are trading lower after the company reported third-quarter earnings.

The company reported a net sales decline of 8.8% year-over-year (Y/Y) to $3.507 billion, missing the consensus of $3.638 billion. Comparable sales for the quarter decreased 9.3%. Total revenue stood at $3.710 billion.

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