Lokibaho Investment Summary My previous investment thought on Kohl's Corporation (NYSE:KSS) (published on 3rd June 2024) was a sell rating because of the poor sales trend and the uncertain macro environment. Since my coverage, the stock has gone down by ~17%, pretty much in line with my expectation for a 20% decline. I still think the business fundamentals are being challenged in the near term, with little chance that KSS can meet its FY24 SSS growth guidance. However, because the valuation has already been ...