In recent days, Kohl’s (KSS) plummeted lower on poor earnings and guidance. EPS of 74 cents missed estimates for 86 cents. Revenue of $4.36 billion also missed expectations for $4.4 billion. Same-store sales growth of 0.4% was below estimates for 0.8%. Kohl’s expects to earn an adjusted $4.75 to $4.95 per share for fiscal 2019, compared with a previous range of $5.15 to $5.45. Analysts...
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U.S. markets slumped on Tuesday following news China is threatening retaliation following the Senate's passage of a bill expressing support for Hong Kong's autonomy. The House will vote on the measure, which weighed on market sentiment, and could complicate trade talks with China.Mixed numbers from the Retail sector was also a drag as the 3Q earnings season continues to wind down. The major...
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U.S. markets slumped on Tuesday following news China is threatening retaliation following the Senate's passage of a bill expressing support for Hong Kong's autonomy. The House will vote on the measure, which weighed on market sentiment, and could complicate trade talks with China.Mixed numbers from the Retail sector was also a drag as the 3Q earnings season continues to wind down. The major...
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