Why Kohl’s Stock Tanked 20% On Tuesday
Department store major Kohl’s (NYSE: KSS) saw its stock price decline by about 20% on Tuesday, on account of a weaker than expected set of Q3 FY’20 results (FY ends January). While the company’s adjusted EPS stood at $0.74 versus the consensus estimate of $0.86, same-store sales growth came in at...