Kohl's Beats Expectations in Wake of Dramatic CEO Firing
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Kohl's Corp. reported better-than-expected comparable sales, signaling that the retailer's turnaround plan may be beginning to take hold.
Comparable sales fell 3.9% in the three months ended May 3, slightly better than what analysts were expecting. The company said earlier this month it expected comparable sales to fall 4% to 4.3%. The company reported revenue of $3 billion for the quarter, roughly in line with analysts' expectations.
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It is the third time the program start date has been pushed back since the FAMLI law was approved by lawmakers in 2022. Passage of the bill was a bitter pill for advocates, who said family emergencies can't wait 18 months. Moore administration officials said the delay was unfortunate. But they also said that with the state facing a $3 billion budget deficit at the start of this year, and with continued uncertainty coming out of Washington under the Trump administration, another delay was the only prudent thing to do. The Maryland Values Act, meanwhile, does something, but it's a lot less than its backers had hoped. As drafted, House Bill 1222 would have prohibited '287(g)' agreements, under which local police can essentially act as immigration agents, detaining people on suspicion of immigration violations and holding them for federal agents. A handful of sheriff's departments in the state have entered into 287(g) agreements with U.S. Immigration and Customs Enforcement. Senators stripped out the 287(g) language from the House bill and the Senate was not budging as the clock ticked down on the session. With literally minutes left in the 2025 General Assembly session, the House relented. The final version of the Maryland Values Act has nothing on 287(g) but does add protections against release of immigrants' personal records and other data the state holds. It also includes language to help 'sensitive locations' — churches, schools, hospitals and the like — respond should federal agents show up. Those locations had been off limits to immigration enforcement under the Biden administration, but that restriction was quickly lifted under the Trump administration. House Bill 782 requires a thorough assessment of guns in the state's public high schools and middle schools, and report on the best way to detect the presence of guns in schools and the best way to report such information to police. 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Chromite, a commercially valuable mineral first discovered in Baltimore County in the early 1800s, has become the official state mineral with the enactment of House Bill 411. The effort was a passion project for David Shore, who first testified on the bill nearly a decade ago. Now, at age 18, Shore's effort not only passed the House and Senate but landed on the desk of the governor. And the rising tide for chromite lifted another state symbol effort. In the waning hours of the 2025 session, a bill making the orange crush — a vodka and juice drink invented in Ocean City — the official state cocktail was going nowhere. But as lawmakers were finishing their work, a late amendment in the House added Orange Crush to Senate Bill 764, the Senate's version of the chromite bill. Senators concurred before the final gavel fell, and Maryland got an official state cocktail to go with its official mineral. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
