Finance

  • Kohls

    First-Quarter Sales at Kohl’s Decline, and Predictions Are Revised Downward

    In April, sales declined, but the company anticipates a rebound later this year when Sephora and other recent efforts take effect. Kohl’s Corp. joined the ranks of retailers announcing dismal results, as its shares fell another 7.3% in premarket trade on Thursday, following an 11% plunge on Wednesday due to market turbulence. Thursday’s trading price for the stock was $40.…

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