Some of those actions I think were harmful to that core customer. We need to loop back and build that brand love with them again.” ...

Kohl’s is offering its Presidents Day deals where shoppers can get all kinds of products on sale through Monday, Feb. 17. The sale includes a ton of great kitchen deals that will be hard to pass up.

The department-store chain cut its quarterly dividend. Shares fell in premarket trading.

For the year, the company reported profit of $109 million, or 98 cents per share. Revenue was reported as $16.22 billion. Kohl's expects full-year earnings to be 10 cents to 60 cents per share.