Tag: hurting-margins
-
Weak sales at Kohl’s, Ralph Lauren spark selloff in retailers
Ralph Lauren's stock fell 18 percent, touching a more than five year-low of $94.02. Kohl's said it discounted heavily in the quarter, hurting margins, as it worked to clear inventories, after a slow start to the winter season led people to spend less on sweaters, gloves and coats. Ralph Lauren said it would aggressively try…
-
Kohl’s cuts profit forecast; Ralph Lauren sinks on sales miss; Royal Dutch Shell gains on job cuts
Time for your daily dose of trending tickers, the stocks you’re following based on your Yahoo Finance ticker searches.