Kohl's Corporation (KSS) is currently at $64.79, down $6.21 or 8.75%

 

-- Would be lowest close since May 24, 2018 when it closed at $64.51

-- On pace for largest percent decrease since Jan. 5, 2017 when it fell 19.02%

-- Earlier Tuesday, Kohl's reported a third-quarter profit of $161 million, or 98 cents a share, up from $117 million, or 70 cents a share, a year earlier. For the fiscal year, the company now expects per-share earnings of $5.16 to $5.36, compared to its prior guidance of $4.96 to $5.36. Excluding the loss on extinguishment of debt, adjusted per-share earnings are expected to be $5.35 to $5.55, compared to previous outlook of $5.15 to $5.55

-- Earlier Tuesday, shares of Kohl's and other retailers were dumped by investors, who were unimpressed with rising sales in the latest quarter. Retail profits have been under pressure from online competition as well as higher spending on worker wages, shipping costs and recent tariffs on Chinese-made imports

-- Down 14.45% month-to-date

-- Up 19.47% year-to-date; on pace for best year since 2013 when it rose 32.04%

-- Down 21.04% from its all-time closing high of $82.05 on Sept. 4, 2018

-- Up 46.55% from 52 weeks ago (Nov. 21, 2017), when it closed at $44.21

-- Down 21.04% from its 52 week closing high of $82.05 on Sept. 4, 2018

-- Up 46.55% from its 52 week closing low of $44.21 on Nov. 21, 2017

-- Fourth worst performer in the S&P 500 today

 

All data as of 11:26:13 AM

 

Source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

November 20, 2018 11:54 ET (16:54 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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