Kohl's shares plunge 15% as retailer gives rough outlook for the year ahead
1. Kohl's stock dropped over 15% after disappointing 2025 guidance. 2. Revenue for 2025 expected to decline 5%-7%, worse than analysts' forecasts. 3. New CEO Ashley Buchanan will lead amidst significant company changes. 4. Quarterly net income decreased significantly from previous year. 5. Consumer confidence and job growth concerns affect future sales outlook.