Why Kohl’s investors are happy its new CEO was fired after just 106 days at the helm - MarketWatch

1. CEO Ashley Buchanan fired after less than four months due to policy violations. 2. KSS stock surged 7.5% post-announcement, rebounding 17.5% from low. 3. Q1 loss expected lower than analyst estimates, projecting 20-24 cents/share. 4. Comparable sales decline prediction better than previous forecasts by analysts. 5. KSS had experienced 51.1% drop in stock over the year, affecting investor sentiment.