Kohl's Corp. stock experienced a significant decline following its Q1 results. The department store chain reported a first-quarter loss with revenue dropping over 10% from the previous year. Comparable-store sales fell by 4.4%, well below Wall Street estimates, leading to a 26% stock plummet. Kohl's also issued a profit warning for 2025, slashing its guidance for the fiscal year.
🇺🇸 Kohl’s tanks 26% as inflation-weary shoppers pull back to sink sales, profits https://t.co/20JAyG9EUN
🇺🇸 Kohl's shares tumble after retailer reports sales slump, lowers forecast https://t.co/jhQ8Q2Eto4
🇺🇸 Kohl’s touts progress in Q1 despite sales declines, loss https://t.co/Lt0FslRSVG
The consumer is so bad right now Kohl’s is dropping prices by 85% in order to move inventory. Stock dropped almost 30% today. https://t.co/5pd546Ha73
*KOHL'S SHARES SINK BY RECORD 23% AFTER CUTTING SALES OUTLOOK $KSS https://t.co/A5Dz1zxH84
One of the main concerns the activists had from the start was that Kohl’s wasn’t moving fast enough to address stagnant sales and declining operating margins. Apparently, that’s still a problem. https://t.co/b7oxaCepZT
Kohl’s touts its progress in Q1 despite sales declines. Aside from some merchandising improvements, the #Kohls isn’t revamping its stores. Some analysts say that’s a mistake. https://t.co/SG8O9XvytW
$KSS stock slipped 24% after the department store chain reported an unexpected first-quarter loss and issued a 2025 profit warning. - Biggest decline ON RECORD - Slashed guidance for FY, 1Q comp sales -4.4% vs est -1.7%, 9th decline in a row - FY guidance -2 to -4% vs prior -1 to… https://t.co/jE6ep7plb1
Kohl's shares tumble after retailer reports sales slump, lowers forecast https://t.co/kdfONLc6sd
🇺🇸 Kohl's stock plummets 25% after massive earnings miss https://t.co/3gk1Z8kAH0
Here's a snapshot of the first quarter earnings of Kohl’s which stock is down almost -23% today. (Via Bloomberg): •Comparable sales -4.4%, estimate -1.74% (Bloomberg Consensus) •Adjusted loss per share 24c vs. EPS 13c y/y, estimate EPS 6.7c •Gross margin 39.5% vs. 39% y/y,… https://t.co/ogn8VosiJz
Kohl’s tanks 26% as inflation-weary shoppers pull back to sink sales, profits https://t.co/USiFd0adeK https://t.co/Oun9TkJL5j
Kohl’s shares slid after the company said it posted a first-quarter loss on revenue that fell more than 10% from a year earlier. Comparable-store sales fell 4.4%, and the department-store retailer said its full-year earnings would be well below the latest Wall Street estimates. https://t.co/Ju2W8KNNC4
Kohl's Corp. stock has worst day of the year after Q1 results https://t.co/6SOEAnTyK9