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Benzinga
Benzinga
Business
Adam Eckert

Why Kohl's Stock Is Sliding Today

Kohl's Corp (NYSE:KSS) shares are trading lower Thursday after the company reported earnings results that were down year-over-year and cut its full-year earnings guidance.

Kohl's said first-quarter revenue decreased 4.4% to $3.71 billion, which beat the $3.68-billion estimate, according to data from Benzinga Pro. The company reported quarterly earnings of 11 cents per share, which was down from $1.05 per share year-over-year.

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