1008 ET - Kohl's names Michael Bender interim chief executive after terminating its CEO Ashley Buchanan for cause. Bender has been a Kohl's director since 2019 and was appointed chairman of the board in May. For the most recent quarter, Kohl's expects sales to fall by around 4%. It is forecasting operating income of $40 million to $45 million and a loss of 20 cents to 24 cents a share. It's expected to report earnings later this month. Kohl's up 5.4% in early trading. (Suzanne. Kapner@wsj.com)
(END) Dow Jones Newswires
May 01, 2025 10:08 ET (14:08 GMT)
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