Following news of CEO departure, Kohl’s reports 60% earnings plunge

Kohl’s Corp. closed the books on another disappointing quarter, with earnings down 60% year-over-year. For the third quarter of fiscal 2022, the Menomonee Falls-based retailer reported net sales of $4.1 billion – down 7.2% from $4.4 billion in the same period last year – while total revenue fell 7% to $4.2 billion. With the substantial … Continue reading Following news of CEO departure, Kohl’s reports 60% earnings plunge