New CEO Says Kohl’s Doesn’t Need ‘Total Overhaul.’ Investors May Disagree

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New CEO Says Kohl’s Doesn’t Need ‘Total Overhaul.’ Investors May Disagree
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Kohl's CEO Tom Kingsbury says Kohl's has a solid foundation, But the latest earnings results show he has a lot of work to do.

Tom Kingsbury, in his first earnings conference call as Kohl’s new CEO, said he wanted to make sure analysts understand that the task facing him is “not a total overhaul.”

“The reason why I came back to Kohl’s is because I see these opportunities, and I see that we can take advantage of these opportunities in the future,” Kingsbury said in the call.

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