Why Kohl's Corporation Shares Were Slipping Today

Shares of Kohl's Corporation (NYSE: KSS) were heading south today after the department-store chain came up short on earnings in its third-quarter earnings report. As of 11:29 a.m. EST, the stock was down 3.7%.

Kohl's report was actually better than expected in some ways as comparable sales ticked higher by 0.1%, the first positive growth in seven quarters. However, investors instead focused on falling profits.

Image source: Kohl's.

Source: Fool.com