Kohl's (KSS) exec says severe winter storms in late January pressured Q4 comps by around 70bps as approximately half of the stores were temporarily closed

Kohl's (KSS) exec says severe winter storms in late January pressured Q4 comps by around 70bps as approximately half of the stores were temporarily closed.

Kohl's reported that severe winter storms in late January impacted its fourth-quarter comparable sales by approximately 70 basis points due to the temporary closure of about half its stores. This suggests a notable adverse effect on performance that could influence investor sentiment, particularly regarding the company's management of external challenges and its overall outlook going forward.