Kohl’s (KSS) shares tank over 26% as unexpected Q1 loss disappoints markets

Financial Advisors

Kohl’s (KSS) shares tank over 26% as unexpected Q1 loss disappoints markets

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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. This represents

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