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Top related persons:
Kohl's - 2 Tom Kingsbury - 2 Ashley Buchanan - 2 Kingsbury - 1 Cos - 1 Woodward — - 1 Woodward - 1 Fluence - 1
Top related locs:
Paxton Harrisburg Kohl's Falls , Wisconsin
Top related orgs:
LSEG - 2 Walmart - 1 Michaels Companies - 1 Communications - 1 Zoom Communications - 1 Zoom Video Communications - 1 Michaels - 1 Agilent - 1

Search resuls for: "Michaels Companies"


2 mentions found


☆ Kohl's lowers annual sales forecast again on muted holiday shopping demand
  + stars: | 2024-11-26 | by ( ) www.cnbc.com   time to read: +2 min
Kohl's on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is struggling to draw in shoppers as it navigates a CEO change ahead of a promotion-heavy holiday shopping season. "Our third-quarter results did not meet our expectations, as sales remained soft in our apparel and footwear businesses," Kingsbury said. The CEO's surprise departure comes as the company enters the critical holiday shopping period including Black Friday, one of the busiest times of the year for retailers and shoppers. It logged a decrease in comparable sales of 9.3% for the quarter ended Nov. 2, its eleventh consecutive quarter of decline. This is Kohl's third straight quarter with a lowered sales forecast.
Persons: Kingsbury, Kohl's, Tom Kingsbury, Ashley Buchanan, Cos Organizations: Walmart, Michaels Companies, LSEG Locations: Paxton, Harrisburg, Kohl's, Falls , Wisconsin
☆ Stocks making the biggest moves after hours: Zoom Communications, Kohl's, Semtech and more
  + stars: | 2024-11-25 | by ( Samantha Subin | ) www.cnbc.com   time to read: +1 min
Check out the companies making headlines after the bell : Zoom Communications — The maker of video calling software is lower by 1%. Zoom topped Wall Street quarterly estimates and posted fiscal fourth-quarter adjusted earnings per share guidance that was roughly in line with estimates. The company also said it changed its name to Zoom Communications from Zoom Video Communications. Nevertheless, fiscal fourth-quarter results bested analysts' forecasts on the top and bottom lines. Woodward — Shares of the industrials and aerospace machinery maker surged more than 10% on stronger-than-expected fiscal fourth-quarter results.
Persons: Kohl's, Ashley Buchanan, Tom Kingsbury, Woodward —, Woodward, Fluence Organizations: Communications, Zoom Communications, Zoom Video Communications, Michaels, Agilent, LSEG, Fluence Energy
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