Kohl's EPS Results Disappoint, Impacting Investor Confidence

+1.45 (+6.47%) 52-Week Range $17.68 ▼ Key Points Department store operator Kohl's Co. NYSE: KSS shocked investors by reporting a loss of 24 cents versus expectations of a profit of 5 cents in its first quarter 2024 earnings report. To compound matters, the company also trimmed its full-year EPS forecasts. Shares reacted by gapping down over 28% the following morning to a low of $19.58. However, shares recovered some losses back to the $22 level. Investors wonder if an investment in Kohl's stock is dead mone ...