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Why Kohl's Corporation Shares Were Slipping Today


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.

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Source: Fool.com

Kohl's Corp. Stock

€18.51
1.050%
Kohl's Corp. gained 1.050% today.
Our community is currently high on Kohl's Corp. with 5 Buy predictions and 2 Sell predictions.
With a target price of 23 € there is a positive potential of 24.24% for Kohl's Corp. compared to the current price of 18.51 €.
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