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Department store chain Kohl's quarterly loss smaller than expected

ReutersMay 29, 2025 11:06 AM

- Kohl's KSS.N reported a smaller quarterly loss than its previous forecast and maintained its annual targets on Thursday, as the U.S. department store chain focuses on its turnaround efforts to cut costs amid a choppy demand environment.

The company, which fired its CEO earlier this month for a personal relationship with a vendor, reported a loss per share of 13 cents, compared with its preliminary expectations of a loss between 20 cents and 24 cents.

Analysts had expected a loss of 26 cents, according to data compiled by LSEG.

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