Kohl's reports better-than-expected earnings and revenue on strong start to back-to-school season

in an attempt to grow foot traffic at its stores. The companies' relationship began in the spring of 2017, when Kohl's began selling Amazon gadgets like the Fire TV and Echo Dot at its stores.to sell items such as licensed NFL jerseys and NBA T-shirts online.

The partnership made Fanatics the exclusive distributor of all licensed sports apparel and accessories for Kohl's. The initiative is part of a larger push into sports apparel by the retailer. It has also started lease out its own excess real estate to gym operatorThe company's stock has tumbled more than 27% since January, bringing its market value to around $7.8 billion.

Kohl's has clearly hit a few rough patches lately, but with fans of the retailer expecting a stronger economy – and with the potential buying power of a maturing Generation X – the idea of a turnaround may be on the table. JasmineWu_

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Shares of China's Baidu pop over 8% after earnings beat as CEO says 'temporary pain' will pay offBaidu posted better-than-expected earnings for the June quarter, swinging back to profit and managing to stabilize its core ad business. When does China get Twitter?
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Baidu earnings beat estimates on strong video streaming growthChina search engine operator Baidu Inc reported better-than-expected quarterly r...
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »

Company earnings give a better read on the economy than the bond market, Jim Cramer says'I explained over and over again: you get a much better read on the economy by listening to the conference calls of individual large companies,' Jim Cramer says. Oh, really? Apple reported lower revenue in 2019 than the same period in 2018. Well, their creative accounting for earnings is certainly more advanced than the bond market. An observation about companies obsessed with the next quarter’s performance versus debt investors trying to look years into the future.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »