The top two department store chains have had radically different experiences with their off-price retail experiments.
News & Analysis: Kohl's
The mid-tier retailer is better off without it.
There's growing evidence the program may really be working.
It needs to fix its own business before accepting new challenges.
The retailer’s streak of positive comps growth ends as its margins contract.
The management teams at both midprice department store companies are confident about their plans, but there aren't many clear signs of progress.
Kohl's missed profit forecasts and lowered guidance, while Home Depot beat earnings expectations.
Both midprice department stores started off on the wrong foot in 2019.
KSS earnings call for the period ending May 4, 2019.
Shares of the department store chain tumbled after an underwhelming earnings report and a cut in its full-year guidance.