Kohl’s stock tumbles on weak outlook as sales slide. Retailer is taking action, CEO says. - MarketWatch
1. Kohl's shares drop over 16% due to weak 2025 outlook. 2. CEO Ashley Buchanan outlines turnaround plans requiring time. 3. Fourth-quarter sales declined 9.4% year-over-year, below estimates. 4. Earnings per share significantly missed analyst expectations. 5. The company cut its quarterly dividend from 50 cents to 12.5 cents.