Kohl's forecasts annual sales below estimates

Kohl's

10/03/2026 11:02

March 10 (Reuters) - Kohl's KSS.N forecast its annual sales below Wall Street estimates on Tuesday, as budget-conscious shoppers pull back spending on higher-margin items, including apparel and homegoods, at its department stores.

The company expects full-year sales to be flat to decline 2%, compared with analysts' estimates of a 0.7% decline to $14.85 billion, according to data compiled by LSEG.

 (Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Maju Samuel)

 ((AnujaBharat.Mistry@thomsonreuters.com))