Kohl`s Corp.

NYSE:KSS   2:01:19 PM EDT
31.46
-0.47 (-1.47%)
Officer Changes, Other Pre-Announcement

Kohl's Announces CEO Transition

Published: 11/08/2022 14:38 GMT
Kohl`s Corp. (KSS) - Kohl’s Announces CEO Transition Process.
Michelle Gass Plans to Step Down December 2.
Tom Kingsbury to Serve As Interim Ceo.
Michelle Gass Plans to Step Down December 2; Tom Kingsbury to Serve As Interim Ceo.
Sees Q3 2022 Comparable Sales Decreased 6.9% and Net Sales Decreased 7.2% As Compared to Q3 of Prior Year.
Anticipates That Q3 2022 Financial Results Will Include Diluted Earnings per Share of $0.82.
Board Also Formed a Committee of Board to Oversee Search for a New Ceo.
Q3 Earnings per Share View $0.64, Revenue View $4.08 Billion -- Refinitiv Ibes Data (analyst estimates).