0741 ET - Kohl's tumbles 16% in premarket after the retailer reports that sales for the recent quarter fell 9.4%. and net income plunged to $48 million from $186 million a year ago. The company, which is under the leadership of a new CEO, isn't expecting a big turnaround in its current fiscal year. It expects 2025 sales to fall 5% to 7% and EPS in the range of 10 cents to 60 cents--down from 98 cents in the recently completed year.(Suzanne.Kapner@wsj.com)
(END) Dow Jones Newswires
March 11, 2025 07:42 ET (11:42 GMT)
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