Kohl's Expects Momentum to Continue as Early Efforts Bear Fruit -- Market Talk

Dow Jones
05-29

1046 ET - Kohl's is seeing early signs its turnaround efforts are resonating with customers, but more work is needed. CFO Jill Timm on a 1Q earnings call says the department-store chain is focusing on a more balanced assortment for all customers, reestablishing its reputation for value and quality items, and enhancing its omnichannel platform to remove points of friction for shoppers. "We are encouraged with the initial results from these efforts and we expect to continue this momentum throughout the year," Timm says. Shares rise 4.2% to $8.44 following better-than-expected 1Q results and a maintained outlook for 2025. (denny.jacob@wsj.com; @pennedbyden)

 

(END) Dow Jones Newswires

May 29, 2025 10:47 ET (14:47 GMT)

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