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Tag: Retail industry

Kohl’s (KSS) earnings Q1 2024

2024-05-31
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| Business

Consumers stroll in entrance of a Kohl’s retailer in Mount Kisco, New York. Scott Mlyn | CNBC Kohl’s shares plummeted greater than 20% Thursday after the corporate posted a shock loss per share, coming in properly under Wall Road’s expectations for a slight revenue. That share slide made for the inventory’s largest single-day share decline ever. In an…

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Foot Locker (FL) earnings Q1 2024

2024-05-31
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| Business

Foot Locker’s turnaround is beginning to bear some fruit.  The sneaker large noticed comparable gross sales decline 1.8% throughout its fiscal first quarter, much better than the three.1% drop-off that analysts anticipated, in keeping with StreetAccount.  The corporate additionally reaffirmed its fiscal yr steerage, which initiatives gross sales to be between a 1% decline and a 1% achieve,…

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