Dive Brief: Comparable sales at Kohl’s fell 6.9% in the third quarter while revenue fell 7% to $4.3 billion. Net income fell by 60% to $97 million, with gross margin shrinking by 263 basis points to 37.3%, according to a press release.
Link: Kohl’s pulls guidance as it buckles up for discount-heavy holiday season | Retail Dive
Now Kohl’s on the other hand I would worry about.
Just check out this quote
“We’re not looking for a CEO who’s coming in to change the strategy that we’ve embarked on,