Kohl's Turnaround Efforts Falter

The transcript discusses a company's revenue decline since 2020, attributing it to misexecution rather than a challenging environment. The company is in turnaround mode, implementing initiatives like expanding home decor and introducing new shops. Despite some successes, core apparel categories suffered, highlighting issues with private label offerings. A new CEO, Mike Ashley Buchanan, known for his success at Michael's and Walmart, is set to join, bringing hope for improved performance.

What factors contributed to the company's annual declines in revenue growth since 2020?

How did the company's beauty business perform compared to its overall business?

What issues did the company face regarding its private label products?

What changes did the company implement towards the end of the quarter to improve sales?

What qualifications does the new CEO, Mike Ashley Buchanan, bring to the company?