1. Kohl's forecasts fiscal 2025 net sales down 5% to 7%. 2. Comparable sales expected to decline 4% to 6%, missing analyst expectations. 3. Fiscal Q4 EPS was $0.43, lower than projected $0.71. 4. Shares dropped 15% premarket, reflecting ongoing financial struggles. 5. Kohl's stock has fallen 55% over the past 12 months.
Kohl's significantly lowered guidance, missing analyst expectations, indicating deeper issues. Historical precedents show similar forecast misses lead to declining stock prices.
The substantial downward revision in forecasts is crucial for investors. This signifies ongoing operational challenges for Kohl's, which are likely to continue affecting stock performance.
Immediate trading reactions due to lowered guidance suggest short-term volatility. Stock typically reacts swiftly to company forecast announcements.