Kohl’s Had Yet Another Earnings Beat. Why the Stock Is Flat.
Core Viewpoint - Kohl's stock experienced a significant decline following the announcement of its fiscal fourth quarter earnings, which revealed a larger-than-expected drop in sales, indicating a potential end to the "meme stock" excitement surrounding the company [1] Sales Performance - The company reported a 2.8% decrease in comparable sales compared to the same quarter of the previous year [1]