Kohl's stock dips after Q4 same-store sales fall YOY
03/12/2024 21:24
Shares of Kohl's (KSS) are dropping in pre-market trading on Tuesday after the company posted its fourth quarter report. The print revealed comparable store sales fell over 4% year over year. The retailer also missed on revenue expectations, posting $5.71 billion versus an expected $5.73 billion. Yahoo Finance Reporter Madison Mills joins the Live show to break down the latest developments for Kohl's and plans to boost revenue, including efforts to increase in-store traffic. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
Shares of Kohl's (KSS) are dropping in pre-market trading on Tuesday after the company posted its fourth quarter report. The print revealed comparable store sales fell over 4% year over year. The retailer also missed on revenue expectations, posting $5.71 billion versus an expected $5.73 billion.
Yahoo Finance Reporter Madison Mills joins the Live show to break down the latest developments for Kohl's and plans to boost revenue, including efforts to increase in-store traffic.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Nicholas Jacobino