Kohl's stock plummets 20% after massive earnings miss
KSSKohl’s(KSS) CNBC·2024-05-30 20:11

Shoppers walk in front of a Kohl's store in Mount Kisco, New York. Kohl's shares plummeted more than 20% in premarket trading Thursday after the company posted a surprise loss per share, coming in well below Wall Street's expectations for a slight profit. Here's how Kohl's did in its fiscal first quarter compared with what Wall Street was expecting, according to a survey of analysts by LSEG: Loss per share: 24 cents vs. a profit of 4 cents expected Revenue: $3.18 billion vs. $3.34 billion expected Kohl's re ...