KSS Stock Recent News

Kohl's Corporation (NYSE: KSS) experienced a significant drop in its stock value on Thursday, tumbling more than 26% following the release of its first-quarter earnings. The company reported an unexpected loss of $0.24 per share, sharply contrasting with the expected earnings of $0.04 per share and last year's profit of $0.13 per share.

Kohl's stock was supposed to report a Q1 profit. It reported a loss instead.

Kohl's Corp (NYSE:KSS) announced a  surprise loss  and revenue miss for the first quarter.

Although the revenue and EPS for Kohl's (KSS) give a sense of how its business performed in the quarter ended April 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Kohl's Corp. (KSS) shares tumbled Thursday after the retailer reported an unexpected net loss for the first quarter and lowered its guidance for the full year.

Kohl's (KSS) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of $0.04. This compares to earnings of $0.13 per share a year ago.

Kohl's Corporation (NYSE:KSS) stock dropped 24% in premarket trading on Thursday after reporting a surprise swing to a loss in the past quarter.  The mid-tier department store chain also issued a profit warning.

Kohl's posted a quarterly loss and missed Wall Street's revenue expectations for the first quarter. The retailer also also lowered its forecast for the full year.

The department store's shares are tumbling in premarket trading after it lowers 2024 earnings and sales guidance.

Kohl's Corp.'s stock KSS, +0.37% was down 20% in premarket trading on Thursday after it swung to an unexpected first-quarter loss and warned its full-year 2024 earnings would fall short of analyst estimates. Kohl's reported a first-quarter loss of $27 million, or 24 cents a share.