No Quick Fix for Kohl's: Analyst Highlights Challenges Despite Leadership Change
1. Telsey lowered KSS price forecast from $10 to $9, maintaining Market Perform rating. 2. Kohl's CEO Ashley Buchanan was terminated, Michael Bender appointed interim CEO. 3. First-quarter 2025 results predict sales decline by 4.3% to 4.0%, with negative EPS. 4. Kohl's faces market share losses against off-price retailers and e-commerce platforms. 5. New leadership aims for stabilization but expects slow consumer recovery.