![]() Earlier this year, it rejected a different firm's buyout offer of $64 a share, which it considered too low. Kohl's has faced months of pressure from activist investors to pursue a sale and shake up the business with a new slate of board directors. The retailer's decision to end deal talks comes as its stock price slumps and its sales decline. Kohl's shares ended Friday trading down nearly 20% and at one point touched a new 52-week low of $27.65. It now sees sales down high-single digits, compared with a prior forecast of down low-single digits relative to last year. Kohl's also cut its outlook for the fiscal second quarter, citing softer consumer spending amid decades-high inflation. Personal Loans for 670 Credit Score or Lower ![]() Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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