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Kohl’s Posts Q2 Surprise, But Warns of Sales Slowdown Ahead

With pent-up demand, speed to market has never been more important. But port congestion, tariff impacts, the Uyghur crackdown and Covid uncertainty is making it difficult to restock the racks. Join Sourcing Journal on July 8 at 2 pm ET to learn how to sidestep the worst of the logistics roadblocks.

While second-quarter earnings topped than Wall Street’s consensus expectations, Kohl’s warned of continuing pandemic fallout on its business. In a Nutshell: Because of uncertainty around the coronavirus crisis, Kohl’s said it was planning its business conservatively and prepared to chase unfolding trends. Anticipating that customers to get a head start on their holiday shopping this…

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